Exercise $4-8$A $($Algo$)$ Allocating to smooth cost over varying levels of production LO $4-3$

Production workers for Fanning Manufacturing Company provided $290$ hours of labor in January and $620$ hours in February. Fanning 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?