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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

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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. Compute the cost that is assigned to the car wheels and truck wheels product lines using an activity-based costing systern, given the following information. Your answer has been saved. See score details after the due date. Calculate overhead rate. (Round answer to 2 decimal ploces, es. 12.25.) Overheadrate per direct labor hour Attempts: 1 of 1 used Your answer has been saved. Sce score details after the due date. Compute the overhead cost assigned to the car wheels and truck wheels, assuming that direct labor hours is used to assign overhead costs: Car whecls Truck wheels Your answer has been saved See score details after the due date. Hermann is not satisfied with the traditional method of allocating overhead because he believes that most of the overhead costs relate to the truck wheels product line because of its complexity. He therefore develops the following three activity cost pools and related cost drivers to better understand these costs. Compute the activity-based overhead rates for these three cost pools

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