04. The plantwide overhead cost allocation rate is computed by dividing the estimated total manufacturing by the estimated total quantity of the cost allocation base. True False 45.In a department, 28,000 units are completed and transferred out and 14,400 remain in ending WIP at 85% complete. If an equivalent unit costs $8.00 for direct materials, what is the value of materials transferred out? A$108,800 B.$97,920 C.$115,200 D.$224,000