1. Amazon allocates overhead for Dept A (22,000 machine hours, $700,000) and Dept B (18,000 labor hours, $550,000).
   • Requirements:
     • Determine the overhead allocation rate for each department.
     • Allocate overhead costs to a product using departmental rates.
     • Prepare a cost report for the product.
     • Evaluate the impact of departmental rates on product pricing.