Marley Music Produces Toy Instruments-Trumpet and Flute- for Children

Multiple Choice

Marley Music produces toy instruments-trumpet and flute- for children.Molding costs are allocated to products based on a percentage of material costs.Molding costs of $15,000 per month are budgeted and the store anticipates spending $30,000 in materials.By the end of the month, it was determined that actual molding costs were $14,500.If the company spends $6.50 per trumpet for materials, and $3.50 per flute for materials, how much of the molding costs will be allocated to each trumpet?

A) $0.50
B) $0.48
C) $3.14
D) $3.25