i Requirement - X 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. Print Done Data Table Assembly Department 380,000 Packaging Department 439,500 Total $ $ $ 819,500 Overhead costs Machine hours: Basic Model Professional Model 135,500 MHT 124,500 MHT 260,000 MHr 102,000 MHT 383,000 MH 485,000 MHT 237,500 MHr 507,500 MHT 745,000 MHT Total Direct labor hours: Basic Model Professional Model 45,000 DLHO 25,000 DLHO 35,625 DLHO 60,625 DLHr 504,375 DLHO 70,000 DLHO 540,000 DLHO 610,000 DLHO Total 549,375 DLHO Print Done Aragon 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: : (Click the icon to view the data.) Read the requirements 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 allocation rate Assembly Packaging 1 Predetermined OH allocation rate II Assembly Packaging Actual overhead costs Actual qty of the allocation base used How much ove Estimated overhead costs Begin by selec Estimated qty of the allocation base le professional model? costs. (Abbreviation used: Qty = quantity.) 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.) Allocated mfg. overhead costs Actual overhead costs Actual qty of the allocation base used Estimated overhead costs Estimated qty of the allocation base Predetermined OH allocation rate Compute the total overhead allocated to the basic model, and then compute the total overhead allocated to the professional model. Basic Model Professional Model Manufacturing overheadAssembly Manufacturing overheadPackaging Total manufacturing overhead cost