Determine and allocate budgeted overhead costs to product

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Willey 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

$210,000

Factory utility cost

70,000

Factory supplies

20,000

Total overhead costs

8300,000

Willey uses machine hours as the cost driver to allocate overhead costs. Cudgeled machine hours for the products are as follows:

Cups                                   300 Hours

Tablecloths                            750

Bottles                                 950

Total machine hours         2,000

Question 1: Determine and Allocate the budgeted overhead costs to the products.

Reference no: EM132481402

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