Sweeper Company produces brooms. Utility costs are allocated to products based on a percentage of material costs. Utility costs of $15,000 per month are budgeted and the store anticipates spending $30,000 in materials. If the company spends $8.50 per broom for materials, how much of the utility costs will be allocated to each broom?
Answer


$4.25

$2.00

$17.00

$8.50

Answer rating: 100% (QA)

Percentage of material c... View the full answer