Winslow makes handheld calculators in two modelslong dashbasic and professional. Winslow estimated $ $1$ comma $149$ comma $500$ of manufacturing overhead and $605$ comma $000$ machine hours for the year. The basic model actually consumed $280$ comma $000$ machine$$ hours, and the professional model consumed $325$ comma $000$ machine hours. The predetermined overhead allocation rate using machine hours as the allocation base is $ $1\mathrm{.}90$ per machine$$ hour, with the allocated overhead costs split between the basic model and the professional model by $ $532$ comma $000$ and $ $617$ comma $500,$ respectively.

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Part $1$

Requirement $1.$ Winslow expects to produce $175$ comma $000$ basic models and $175$ comma $000$ professional models. Compute the predetermined overhead allocation rates using$$ activity$-$based costing. How much overhead is allocated to the basic$$ model? To the professional$$ model? Round the materials handling allocation rate to four decimal places and the remaining allocation rates to the nearest cent.

Begin by selecting the formula to calculate the predetermined overhead$($OH$)$ allocation rate. Then enter the amounts to compute the allocation rate for each activity. $($Abbreviation used: Qty$=$ quantity. Enter the materials handling allocation rate to four decimal$$ places, and the remaining allocation rates to the nearest$$ cent.$)$

Part $2$

Predetermined OH

Estimated overhead costs

$-$:

Estimated qty of the allocation base

$=$

allocation rate

Materials Handling

$-$:

$=$