Exercise 4-6A (Algo) Allocating overhead costs among products LO 4-3 Munoz Company makes three products in its factory: plastic cups, plastic tablecloths, and plastic bottles. The expected overhead costs for the next fiscal year include the following. Factory manager's salary Factory utility cost Factory supplies Total overhead costs $228,350 71,000 29,000 $328,350 Munoz uses machine hours as the cost driver to allocate overhead costs. Budgeted machine hours for the products are as follows. Cups Tablecloths Bottles 290 Hours 725 975 Total machine hours 1,990 Required a. Allocate the budgeted overhead costs to the products. Product Cups Allocation Rate x Weight of Base Allocated Cost $ 0 0 Tablecloths x 0 Bottles Total x $ 0