Exercise $12-7$A $($Static$)$ Allocating overhead costs among products LO $12-3$

Willey 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:

Willey uses machine hours as the cost driver to allocate overhead costs. Budgeted machine

hours for the products are as follows:

Required

Allocate the budgeted overhead costs to the products.