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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 managers salary $ 232,250
Factory utility cost 80,000
Factory supplies 26,000
Total overhead costs $ 338,250
Finch uses machine hours as the cost driver to allocate overhead costs. Budgeted machine hours for the products are as follows.
Cups 300 Hours
Tablecloths 750
Bottles 1,000
Total machine hours 2,050
Required
Allocate the budgeted overhead costs to the products.

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