Question: I don't understand how I am getting the wrong overhead rate. Help? QUESTION 2 Partially correct Mark 2.40 out of 3.00 Remove flag Indirect Cost
I don't understand how I am getting the wrong overhead rate. Help?

QUESTION 2 Partially correct Mark 2.40 out of 3.00 Remove flag Indirect Cost Allocation: Direct Method Sprint Manufacturing Company has two production departments, Melting and Molding. Direct general plant management and plant security costs benefit both production departments. Sprint allocates general plant management costs on the basis of the number of production employees and plant security costs on the basis of space occupied by the production departments. In November, the following overhead costs were recorded: Melting Department direct overhead $180,000 Molding Department direct overhead 400,000 General plant management Plant security 100,000 35,000 Other pertinent data follow: Melting Molding 30 Number of employees Space occupied (square feet) Machine houns Direct labor hours 30,000 10,000 2,000 ,000 20,000 10,000 (a) Prepare a schedule allocating general plant management costs and plant security costs to the Melting and Molding Departments. Instructions: Do not round computations until your final answers. Then, round your answer to the nearest whole number. Department Total Melting Molding General Plant Management100,000 V$35,000V$65,000 Plant security 35,000 8,75026,250 (b) Determine the total departmental overhead costs for the Melting and Molding Departments. Use rounded answers to compute total departmental overhead costs for each department Melting $ 223,750V Molding $ 491,250 V (c) Assuming the Melting Department uses machine hours and the Molding Department uses direct labor hours to apply overhead to production, calculate the overhead rate for each production department. Use rounded answers to compute and then round final answers to two decimal places. Melting $ 40.38x Molding $ 4456 Check
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