Bag Ladies,Inc.manufactures two kinds of bags-totes 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 $25,500.Additional estimated information is given below. $$\begin{array} { | l | r | r | }
\hline & \text { Totes } & \text { Satchels } \
\hline \text { Direct materials cost per unit } & \$ 35 & \$ 45 \
\hline \text { Direct labor cost per unit } & \$ 51 & \$ 64 \
\hline \text { Number of units } & 530 & 350 \
\hline
\end{array}$$ 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.)
A) $500
B) $330
C) $11,556
D) $13,945

Question

Bag Ladies,Inc.manufactures two kinds of bags-totes 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 $25,500.Additional estimated information is given below. $$\begin{array} { | l | r | r | } 
\hline & \text { Totes } & \text { Satchels } \
\hline \text { Direct materials cost per unit } & \$ 35 & \$ 45 \
\hline \text { Direct labor cost per unit } & \$ 51 & \$ 64 \
\hline \text { Number of units } & 530 & 350 \
\hline
\end{array}$$ 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.)
A) $500
B) $330
C) $11,556
D) $13,945

Quizplus · Accepted Answer

The Answer of Bag Ladies,Inc.manufactures two kinds of bags-totes 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 $25,500.Additional estimated information is given below. $$\begin{array} { | l | r | r | } 
\hline & \text { Totes } & \text { Satchels } \
\hline \text { Direct materials cost per unit } & \$ 35 & \$ 45 \
\hline \text { Direct labor cost per unit } & \$ 51 & \$ 64 \
\hline \text { Number of units } & 530 & 350 \
\hline
\end{array}$$ 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.)
A) $500
B) $330
C) $11,556
D) $13,945

Bag Ladies,Inc Calculate the Amount of Overhead to Be Allocated to Totes