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Munoz Company makes three products in its factory: plastic cups, plastic tablecloths, and plastic bottles. The expected overhead costs for the next fiscal year include

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Munoz 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. $219,900 75,000 23,000 $317,900 Factory manager's salary Factory utility cost Factory supplies Total overhead costs Munoz uses machine hours as the cost driver to allocate overhead costs. Budgeted machine hours for the products are as follows. 270 Hours Cups Tablecloths 675 925 Bottles 1,870 Total machine hours Required a. Allocate the budgeted overhead costs to the products. Allocated Cost Product Allocation Rate Weight of Base x Cups x Tablecloths Bottles Total

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