Mementos Gift Shop produces vases. Utility costs are allocated to products based on the amount of time

Mementos Gift Shop produces vases. Utility costs are allocated to products based on the amount of time spent on the pottery wheel. Utility costs of $3,000 per month are budgeted and the store anticipates spending 7,500 minutes on the pottery wheel each month. If a vase uses 18 minutes on the pottery wheel how much of the utility costs will be allocated to each vase? (Points: 5)
$72.00
$4.50
$45.00
$7.20

 

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