Answer:
Total overhead costs not assigned to products was $175,000
Explanation:
Overhead costs are indirect expenses required to run a business. Overhead costs include accounting and auditing fees, advertising, insurance, interest, legal fees, Administrative salaries, rent, repairs, supplies, taxes, telephone bills, travel expenditures, and utilities.
Net operating income for the company = Net sales - Cost off goods sold - Overhead expense.
Overhead expense = Net sales - Cost off goods sold - Net operating income for the company = $750,000 - $360,000 - $215,000 = $175,000
