xercises Ch.04 3 points Saved H eBook Print Exercise 4-6A (Algo) Allocating overhead costs among products LO 4-3 Munoz 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 manager's salary Factory utility cost Factory supplies Total overhead costs $ 247,250 70,000 21,000 $ 338,250 Munoz uses machine hours as the cost driver to allocate overhead costs. Budgeted machine hours for the products are as follows. Cups 300 Hours Tablecloths 750 Bottles 1,000 Total machine hours. 2,050 Required Allocate the budgeted overhead costs to the products. Product Cups Allocation Rate x Weight of Base Allocated Cost $ 0 Tablecloths 0 Bottes Total x 0 $ 0