Winslow makes handheld calculators in two$$ models: basic and professional. WinslowWinslow estimated $ $1$ comma $149$ comma $500$$$1,149,500$ of manufacturing overhead and $605$ comma $000605,000$ machine hours for the year. The basic model actually consumed $280$ comma $000280,000$ machine$$ hours, and the professional model consumed $325$ comma $000325,000$ machine hours.

Requirements

$1.$

Compute the predetermined overhead allocation rate using machine hours$($MHr$)$ as the allocation base.

$2.$

How much overhead is allocated to the basic$$ model? To the professional$$ model?

Question content area bottom

Part $1$

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