Bag Ladies, Inc. manufactures two kinds of bags - totes and satchels. The company allocates...
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Accounting
Bag Ladies, Inc. manufactures two kinds of bags - totes and satchels. The company allocates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base. Estimated overhead costs for the year are $24,250. Additional estimated information is given below. Calculate the amount of overhead to be allocated to Totes. (Round any percentages to two decimal places and your final answer to the nearest dollar.) A. $441 B. $13,195 C. $317 D. $11,055
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