Woodall makes handheld calculators in two models--basic and professional--and wants to refine its costing system by allocating overhead using departmental rates. The estimated $892,500 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 - X litales LEIL) Data table Predetermined OH Estimated overhead costs Estimated qty of the allocation base 250,000 allocation rate 1.80 Assembly $ 450,000 = $ Total Assembly Department 450,000 $ Packaging Department 442,500 $ Packaging $ 442,500 553,125 $ 0.80 Overhead costs $ 892,500 Machine hours: : How much overhead is allocated to the basic model? To the professional model? Basic Model 145,000 MHR 5,000 MHr 150,000 MHr 375,000 MHT 105,000 MHI 270,000 MHR Begin by selecting the formula to allocate overhead (OH) costs. (Abbreviation used: Qty = quantity.) Predetermined OH allocation rate * Actual qty of the allocation base used = Allocated mfg. overhead costs Professional Model 250,000 MHT 275,000 MHR 525,000 MHr Total Compute the total overhead allocated to the basic model, and then compute the total overhead allocated to the professional model. Direct labor hours: Basic Model Basic Model 50.000 DLHO 90,000 DLHO 140,000 DLHO 740.000 DLHO 145000 Professional Model 276,875 DLHO 463,125 DLHO 5000 326,875 DLHO 553,125 DLHO Manufacturing overheadAssembly Manufacturing overhead-Packaging Total manufacturing overhead cost 880,000 DLHT Total 150000 Etext pages Help me solve this Print Get more help Done