Business
Business, 25.02.2020 04:28, keigleyhannah30

Trail Running Company has started to produce running apparel in addition to the trail running shoes that they have manufactured for years. They feel that a departmental overhead rate would best reflect their overall manufacturing overhead usage. Based on research the following information was gathered for the upcoming year:Machining DepartmentFinishing DepartmentEstimated Manufacturing Overhead by Department$800,000$200,000Trail Running Shoes360,000 machine hours6,000 direct labor hoursRunning Apparel40,000 machine hours34,000 direct labor hoursManufacturing overhead is driven by machine hours for the machining department and direct labor hours for the finishing department. At the end of the year, the following information was gathered related to the production of the trail running shoes and running apparel:Machining DepartmentFinishing DepartmentTrail Running Shoes362,000 hours5,500 hoursRunning Apparel37,000 hours35,000 hoursHow much manufacturing overhead will be allocated to running apparel? (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.)

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