General Foods manufactures spices and sauces in separate divisions utilizing one plant location. The following...

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Accounting

General Foods manufactures spices and sauces in separate divisions utilizing one plant location. The following data have been prepared for review.
Fixed operation costs $900,000
Practical capacity 2,500 hours
Budgeted usage:
Spice Division 2,000 hours
Sauce Division 350 hours
Budgeted variable cost per hour $400 per hour
What is the allocated cost to the two General Food divisions, respectively, if budgeted usage is the base for fixed costs and actual usage is the base for variable costs? (Use dual-rate method.) Assume that the Spice and Sauce Divisions used 1,750 and 200 hours, respectively.
$2,000,126;$294,112
$1,050,000;$120,000
$1,787,240;$204,256
$1,787,240;$254,043
$1,465,957;$214,043
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