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Factory manager's salary Factory utility cost Factory supplies Total overhead costs Fanning uses machine hours as the cost driver to allocate overhead costs. Budgeted machine

Factory manager's salary Factory utility cost Factory supplies Total overhead costs Fanning 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 Cups Tablecloths Bottles Total $ 261,750 72,000 25,000 $ 358,750 Required Allocate the budgeted overhead costs to the products. X Product Allocation Rate x Weight of Base Allocated Cost X 300 Hours 750 X 1,000 2,050 = =
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Required hillocate the budgeted overhead costs to the products

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