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olan As Homework: M 7 Homework Part 1 of 6 * Question 2, Score: 0 of 6 points B-Graded Save Tackett makes handheld calculators in two models-basic and professional-and wants to refine sts costing system by allocating overhead using departmental rates The ottimated $819,500 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 Compute the predetermined overhead allocation rates using machine hours as the allocation base for the Assembly Department and direct labor hours for the Packaging Department Begin by selecting the formula to calculate the predetermined overhead (OH) allocation rato. Then enter the amounts to compute the allocation rate for each department. (Abbreviation used. Aty e quantity. Enter the allocation rates to the nearest cent) Predetermined OH alocation rate Stic) (O/ Choose from any drop-down list and then click Check Answer e Text Pages Help Mo Solve This Get More Help Clear All Clear Al Check Answer Data Table X Assembly Department Packaging Department 439,500 $ Total Overhead costs $ 380,000 $ 819,500 Machine hours: Basic Model 135,500 MHT 102,000 MHT 124,500 MHT 383,000 MHT 260,000 MHT 485,000 MHT Professional Model Total 237,500 MHT 507,500 MHT 745,000 MHT Direct labor hours: Basic Model 45,000 DLHO 275,625 DLHO 85,000 DLHO 464,375 DLHO 130,000 DLHO 740,000 DLHO Professional Model Total 320,625 DLHO 549,375 DLHO 870,000 DLHO Print Done Requirement X Compute the predetermined overhead allocation rates using machine hours as the allocation base for the Assembly Department and direct labor hours for the Packaging Department. How much overhead is allocated to the basic model? To the professional model? Round allocation rates to two decimal places and allocated costs to whole dollars. Print Done

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