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Woodall makes handheld calculatoes in two models: basic and professional. Woodall estimated $851,500 of manutacturing...

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Accounting

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Woodall makes handheld calculatoes in two models: basic and professional. Woodall estimated $851,500 of manutacturing overhead and 655.000 machine hours for the year. The basic model actually consumed 180,000 machine hours, and the prolessional model consumed 475,000 machine hours. Requirements 1. Compute the predetermined cverhead allocation rate using machine hours (MHr) as the allocation base. 2. How much overhead is aflocated to the basic model? To the professional model? Requirement 1. Compule the predetermined overhead allocation rate using machine hours as the allocation base. Select the formula, and twen enter the amounts to compule the predetermined overtead (OH) allocation rate. (Enter your answer to the nearest cont) = Piedesermined OH alocation rate

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