Question: correct it ! - X Data Table urs for the Packaging Department. for each department. (Abbreviation used: Qty = quantity. Enter the allocation rates to
correct it !

- X Data Table urs for the Packaging Department. for each department. (Abbreviation used: Qty = quantity. Enter the allocation rates to the nea Assembly Department Packaging Department Total Overhead costs 380,000 $ 439,500 $ 819,500 Requirement Machine hours: Basic Model 164,500 MHT 73,000 MHr 95,500 MHr 412,000 MHr 260,000 MHr 485,000 MHr Professional Model 237,500 MH 507,500 MHT 745,000 MH Compute the predetermined overhead allocation rates using machine hours as the allocation base for the Assembly Department and direct labor hours for the Packaging Department. How much overhead is allocated to the basic model? To the professional model? Round allocation rates to two decimal places and allocated costs to whole dollars. Total Direct labor hours: Basic Model 35,000 DLHr 80,625 DLHr 90,000 DLHr 459,375 DLHr 125,000 DLHO 540,000 DLHO Professional Model 115,625 DLHr 549,375 DLHO 665,000 DLHr Total Print Done Winslow makes handheld calculators in two models--basic and professional--and wants to refine its costing system by allocating overhead using departmental rates. The estimated $819,500 of manufacturing overhead has been divided into two cost pools: Assembly Department and Packaging Department. The following data have been compiled: Compute the predetermined overhead allocation rates using machine hours as the allocation base for the Assembly Department and direct labor hours for the Packaging Department. Begin by selecting the formula to calculate the predetermined overhead (OH) allocation rate. Then enter the amounts to compute the allocation rate for each department. (Abbreviation used: Qty = quantity. Enter the allocation rates to the nearest cent.) Predetermined OH Estimated overhead costs Estimated qty of the allocation base = allocation rate Assembly 380000 Packaging 439500 How much overhead is allocated to the basic model? To the professional model? Begin by selecting the formula to allocate overhead (OH) costs. (Abbreviation used: Qty = quantity.) Predetermined OH allocation rate Estimated qty of the allocation base = Allocated mfg. overhead costs Compute the total overhead allocated to the basic model, and then compute the total overhead allocated to the professional model. Basic Model Professional Model 164500 73000 Manufacturing overheadAssembly Manufacturing overheadPackaging 95000 412000 260000 485000 Total manufacturing overhead cost
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