Homework Answers
Allocation Rate: 318,450/1930= $165
| Product | Allocation Rate | x | Weight of Base | = | Allocation Cost |
| Cups | $ 165 | x | 280 | = | $ 46,200 |
| Tablecl. | $ 165 | x | 700 | = | $ 115,500 |
| Bottles | $ 165 | x | 950 | = | $ 156,750 |
| Total | $ 318,450 |
Answer:
| Total Overhead Cost | $ 318,450.00 |
| Total Machine Hours | 1930 |
| Overhead Rate per Machine Hour | $ 165.00 |
| Machine hours (A) | Overhead Rate (B) | Overhead Allocated (A*B) | |
| Cups | 280 | $ 165.00 | $ 46,200 |
| TableCloths | 700 | $ 165.00 | $ 115,500 |
| Bottles | 950 | $ 165.00 | $ 156,750 |
| Total | 1,930 | $ 318,450 |
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