Custom's makes two types of hats: polyester (poly) and silk. There are two cost pools: setup, with an estimated $195,116 in overhead, and inspection, with $188,556 in overhead. Poly is estimated to have 244,648 setups and 81,226 inspections, while silk has 434,045 setups and 69,108 inspections. How much total overhead is applied to poly hats? Do not round until the final answer. Then, round to the penny, two decimal places.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Custom's makes two types of hats: polyester (poly) and silk. There are
two cost pools: setup, with an estimated $195,116 in overhead, and
inspection, with $188,556 in overhead. Poly is estimated to have
244,648 setups and 81,226 inspections, while silk has 434,045
setups and 69,108 inspections. How much total overhead is applied
to poly hats? Do not round until the final answer. Then, round to the
penny, two decimal places.
Transcribed Image Text:Custom's makes two types of hats: polyester (poly) and silk. There are two cost pools: setup, with an estimated $195,116 in overhead, and inspection, with $188,556 in overhead. Poly is estimated to have 244,648 setups and 81,226 inspections, while silk has 434,045 setups and 69,108 inspections. How much total overhead is applied to poly hats? Do not round until the final answer. Then, round to the penny, two decimal places.
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