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Current Attempt in Progress Altex Inc. manufactures two products: car wheels and truck wheels. To...

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Accounting

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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. Total estimated overhead costs for the two product lines are $846,800. (a1) Your answer is correct. Calculate overhead rate, (Round onswer to 2 decimal ploces, eg. 12.25.) 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

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