Omega Company makes household plastic bags in three different sizes: snack, sandwich, and storage. The...
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Accounting
Omega Company makes household plastic bags in three different sizes: snack, sandwich, and storage. The estimated direct materials and direct labor costs are as follows:
Omega allocates two major overhead costs among the three products: $75,000 of indirect labor cost for workers who move various materials and products to different stations in the factory and $80,000 of employee pension costs.
Determine the total cost of each product. Round your figures to 3 decimal points.
Expected Costs Direct Materials Direct Labor Snack $112,000 60,000 Sandwich $188,000 116,000 Storage $450,000 324,000
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