Exercise $12-9$A $($Algo$)$ Allocating to smooth cost over varying levels of production LO $12-3$

Production workers for Munoz Manufacturing Company provided $300$ hour$,$ of labor in January and $680$ hours in February. Munoz expects to use $4,000$ hours of labor during the year. The rental fee for the manufacturing facility is $$12,000$ per month.

Required

Based on this information, how much of the rental cost should be allocated to the products made in January and to those made in February?

Note: Do not round intermediate calculations.

$\backslash$table$[[$Month$,$Allocated Cost$],[$January$,],[$February$,]]$