4 Check 10 points Skipped Munoz Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour. Munoz expects to incur $640,000 of overhead cost during the next fiscal year. Other budget information follows. Direct labor hours Machine hours Required Vogue Beauty Glamour Total 3,800 5,800 10,400 20,000 1,400 1,400 1,200 4,000 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. eBook Print Complete this question by entering your answers in the tabs below. References 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 Weight of Base Allocated Cost Vogue Beauty Glamour Total 0 0 0 $ 0 Baquired A Required B > Direct labor hours Machine hours Required Vogue Beauty Glamour Total 3,800 5,800 10,400 20,000 1,400 1,400 1,200 4,000 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. 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. Product Vogue Beauty Glamour Total Allocation Rate Weight of Base Allocated Cost 0 0 0 0