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Help Save & Exit Submit Check my work Exercise 12-7A (Algo) Allocating overhead costs among products LO 12-3 Finch Company makes three products in
Help Save & Exit Submit Check my work Exercise 12-7A (Algo) Allocating overhead costs among products LO 12-3 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 $243,250 79,000 26,000 $348,250 Finch uses machine hours as the cost driver to allocate overhead costs. Budgeted machine hours for the products are as follows. Cups Bottles Tablecloths 200 Hours 725 975 Total machine hours 3,990 Required
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