Requirements

1.	Compute the predetermined overhead allocation rate using machine hours as the allocation base.
2.	How much overhead is allocated to the basic model? To the professional model?

Do Homework - Trang Kieu Secure ! https://www.mathxl.com/Student/PlayerHomework.aspx?homeworkId=454974554&questionid=1&flushedzfalse&cld-4755349&centerwin=yes ACCT& 203 Principles of Accounting IlI Fall 2017 T1 (Pierce) Trang Kieu 10/22/17 12:32 AM Homework: Module 4 Intro Assignment Save Score: 3.08 of 10 pts 1 of 4 (1 complete) HW Score: 6.15%, 3.08 of 50 pts E24-14 (similar to) Question Help Keenan makes handheld calculators in two modelsbasic and professional. Keenan estimated S1,149,500 of manufacturing overhead and 605,000 machine hours for the year. The basic model actually consumed 280,000 machine hours and the professional model consumed 325,000 machine hours Requirements 1. Compute the predetermined overhead allocation rate using machine hours as the allocation base 2. How much overhead is allocated to the basic model? To the professional model? Requirement 1. Compute the predetermined overhead allocation rate using machine hours as the allocation base Select the formula, and then enter the amounts to compute the predetermined overhead (OH) allocation rate. (Enter your answer to the nearest cent.) Estimated overhead costs Estimated qty of the allocation basePredetermined OH allocation rate 1,149,500 605,000 1.90 Requirement 2. How much overhead is allocated to the basic model? To the professional model? Select the formula, and then enter the amounts to compute the overhead (OH) allocated to the basic model and the professional model Actual overhead costs 1.9 1.9 x Actual qty of the allocation base used Allocated OH costs = Basic model Professional model Choose from any list or enter any number in the input fields and then click Check Answer All parts showing Clear All Check