Bag Ladies, Inc. manufactures two kinds of bagstotes and satchels. The company allocates manufacturing overhead...
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Accounting
Bag Ladies, Inc. manufactures two kinds of bagstotes 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.
| Totes | Satchels | |
| Direct materials cost per unit | $30 | $45 |
| Direct labor cost per unit | $51 | $65 |
| Number of units | 500 | 370 |
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.)
| $8,475 | ||
| $10,352 | ||
| $11,770 | ||
| $12,480 |
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