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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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