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QUESTION 10 Gordon Company manufactures widgets and uses an activity-based costing system to allocate overhead to its products. Each widget consists of 8 separate parts

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QUESTION 10 Gordon Company manufactures widgets and uses an activity-based costing system to allocate overhead to its products. Each widget consists of 8 separate parts and requires 20 hours of machine time to produce. Additional information follows: Activity Allocation Base Cost Allocation Rate Materials handing Number of parts 509 per part Machining Machine hours $1,50 per machine hour Assembling Number of parts $0.4 per part Inspecting Number of finished units 51.5 per finished unt Determine the amount of overhead allocated to each widget. Round your answer to 2 decimal places

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