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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