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Please help me calculate overhead allocated to each product using the traditional plantwide approach 5. (Chapter 18) Celia Inc. has two types of handbags: standard

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Please help me calculate overhead allocated to each product using the traditional plantwide approach

5. (Chapter 18) Celia Inc. has two types of handbags: standard and custom. The controller has decided to use a plantwide overhead rate based on direct labor costs. The president has heard of activity-based costing and wants to see how the results would differ if this system were used. Two activity cost pools were developed: machining and machine setup. Presented below is information related to the company's operations. Standard $60,000 1,500 Custom Direct labor costs Machine hours Setup hours $120,000 1,500 500 Total estimated overhead costs are $342,000. Overhead cost allocated to the machining activity cost pool is $222,000, and $120,000 is allocated to the machine setup activity cost pool. Instructions Calculate overhead allocated to each product using the traditional (plantwide) approach

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