Question: Your answer is incorrect. Compute the overhead cost assigned to the car wheels and truck wheels, assuming that direct labor hours is used to allocate

Your answer is incorrect. Compute the overhead cost assigned to the car wheels and truck wheels, assuming that direct labor hours is used to allocate overhead costs. Car wheels Truck wheels $ (b) eTextbook and Media Save for Later Attempts: 3 of 5 used Submit Answer The narts of this nundinn must he mmnleted in order. This natt will be available when you comelete the part above View Policies Show Attempt History Current Attempt in Progress Altex Inc. manufactures two products: car wheels and truck wheels. To determine the amount of overhead to assign to each product line, the controller, Robert Hermann, has developed the following information. Car Truck 4 Estimated wheels produced 42,000 15,000 Direct labor hours per wheel 1 3 Total estimated overhead costs for the two product lines are $835,200. (a1) 4 Question 2 of 5 (a1) Your answer is correct. Calculate overhead rate. (Round answer to 2 decimal places, eg. 12.25.) Overhead rate $ eTextbook and Media 9.6 per direct labor hour 1.2575 !! Attempts: 1 of 5 used

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