Rundle Company makes three products in its factory: plastic cups, plastic tablecloths, and plastic bottles....
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Accounting
Rundle Company makes three products in its factory: plastic cups, plastic tablecloths, and plastic bottles. The expected overhead costs for the next fiscal year include the following.
Factory managers salary $
Factory utility cost
Factory supplies
Total overhead costs $
Rundle uses machine hours as the cost driver to allocate overhead costs. Budgeted machine hours for the products are as follows.
Cups Hours
Tablecloths
Bottles
Total machine hours
Required
Allocate the budgeted overhead costs to the products.
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