2 Exercise 4-5A (Algo) Allocating overhead cost among products LO 4-3 3 points Jordan Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour. Jordan expects to incur $620, of overhead cost during the next fiscal year. Other budget information follows. Direct labor hours Machine hours Vogue 3,600 1,300 Beauty Glamour Total 5,600 10,800 20,000 1,750 1,950 5,000 eBook Required Print a. Use direct labor hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product. b. Use machine hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product. References Complete this question by entering your answers in the tabs below. Required A Required B Use direct labor hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product. Product Allocation Rate x Weight of Base = Allocated Cost $ 0 Vogue Beauty E 0 Glamour 0 Total $ 0 2 Exercise 4-5A (Algo) Allocating overhead cost among products LO 4-3 3 points Jordan Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour. Jordan expects to incur $620,000 of overhead cost during the next fiscal year. Other budget information follows. Direct labor hours Machine hours Vogue Beauty Glamour Total 3,600 5,600 10,800 20,000 1,300 1,750 1,950 5,000 eBook Required Print a. Use direct labor hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product. b. Use machine hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product. References Complete this question by entering your answers in the tabs below. Required A Required B Use machine hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product. X Product Allocation Rate * Weight of Base = Allocated Cost Vogue 0 Beauty 0 Glamour 0 Total $ 0 X Required A Required B