Allocate the budgeted overhead costs to the products

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Cain 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 $ 266,000 Factory utility cost 133,000 Factory supplies 419,400 Total overhead costs $ 818,400 Cain uses machine hours as the cost driver to allocate overhead costs. Budgeted machine hours for the products are as follows: Cups 480 Hours Tablecloths 930 Bottles 1,230 Total machine hours 2,640 Required a. Allocate the budgeted overhead costs to the products.

Reference no: EM131285293

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