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Finch Company makes three products in its factory: plastic cups, plastic tablecloths, and plastic bottles. The expected overhead costs for the next fiscal year include
Finch 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 $197,200 74,000 28,000 $299,200 points ( 8 01:47:27 Finch uses machine hours as the cost driver to allocate overhead costs. Budgeted machine hours for the products are as follows: eBook 270 Hours 675 Cups Tablecloths Bottles Total machine hours 925 1,870 Print Required References a. Allocate the budgeted overhead costs to the products. Allocation Rate x Weight of Base = Allocated Cost Product Cups Tablecloths Bottles Total
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