Exercise 4-6A (Algo) Allocating overhead costs among products LO 4-3 Thornton 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 $213,800 72,000 23,000 $308,800 Thornton uses machine hours as the cost driver to allocate overhead costs. Budgeted machine hours for the products are as follows. Cups Tablecloths Bottles Total machine hours 280 Hours 700 950 1,930 Required a. Allocate the budgeted overhead costs to the products. Allocation Rate * Weight of Base Allocated Cost Product Cups Tablecloths Botties Total X X