Koehler makes handheld calculators in two models-basic and professional and wants to refine its costing system by afocating overhead using departmental rates. The estimated $721,000 of manufacturing overhead has been divided into two cost pools: Assembly Department and Packaging Department. The folowing data have been pompiled Click the icon to view the data) Read the wirements Compute the predetermined overhead allocation rates using machine hours as the allocation base for the Assembly Department and direct latior hours for the Packaging Department Begin by selecting the formula to calculate the predetermined overhead (OH) alocation rate. Then enter the amounts to compute the allocation rate for each department (Abbreviation used: aty quantity Enter the allocation rates to the nearest Cont) Predetermined OH allocation rate Estimated overhead costs Estimated aty of the allocation base Assembly y system by dilocating overhead using departmental UI Muidciuling Overnead has been divided into two cost pools: Assembly Department and Packaging Department. The following data he view the data Data Table ats. - X ermined overhe rect labor hours for the Assembly Department 456,500 $ e formula to Qty = quantity Packaging Department 264,500 $ Total Overhead costs llocation rate for each 721,000 Machine hours: Basic Model Professional Model 45,000 MHT Estimated o 185,000 MHT 230,000 MHT 230,000 MHT 285.000 MHO 55,000 MHT 415,000 MHT 100,000 MHT 515,000 MHT Total Direct labor hours: Basic Model Professional Model 20,000 DLHO 105,125 DLHr 50,000 DLHO 280,625 DLHO 70,000 DLHO 385,750 DLHO 125,125 DLHT 330,625 DLHO 455,750 DLHO Total Print Done he edit fields and then click Check Answer. Check Answe Clear All