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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,

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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. Car Truck Estimated wheels produced 44,000 13,000 Direct labor hours per wheel 1 3 Total estimated overhead costs for the two product lines are $796,800. Calculate overhead rate (Round aer to 2 decimal places g. 12.25) Overhead rate Textbook and Media per direct labor hour Attempts: 1 of 5 used [2] Compute the overhead cost assigned to the car wheels and truck wheels, assuming that direct labor hours is used to allocate overhead costs Carwheels $ Thickwheels $ Textbook and Media Attempts, O of Sued Sobe Awe

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