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Question Help 30 Aragon makes handheld calculators in two modestosis and professional. Aragon estimated $1,149,500 of manufacturing overted and cos,000 machine hours for the year. The basic model schally consumed 200 000 machine hours, and the professional mode consumed 225.000 machine hours. The predetermined overtond alocation rate using machine hours as the allocation has a $1.500 per machine hour, with the alocated orhand coats ant between the basic model and the area anal model by $532,000 and $1:17.50%), respectively. Click na con to view the data using multiple daarmant Allocation rates) Click the icon to view additional data Read wire Requirement 1. Aragon experts to produce 175,000 Basic Models and 175,000 professional models Comte the recetamined ove tead Alocation rate using Activity-based coating. How much overhead Is Alivested to the basic model to the resclonal model? Begin by selecting the formula to calculate the predetermined overtread (OH) alocation rate. Then enter the amounts to bompute the allocation rate for each activity (Abbreviation used: Qty = quantity Ender the materials handing allocation rate to four decimal places, and the remaining allocation rates to The cost pent.) Predetermined OH Data Table Allanation Materale Hending Machine Setup | Basic Model Professional Model Insertion of Parta - Manufacturing overteed Assembly S 278,100 $ 393,600 How much vertaad allocated to the basic model? To the prational modely 54,000 225.500 Manufacturing overteed Packaging Begin by selecting the formula to alocate overhead (OH) costs. (Abbreviation used: Qty - quantity.) S 340,100 309,400 Total manufacturing overhead coat - Alucard mily, overhes culs Compuse the total Overhead alocated to the basic model, and then compute the total overhead allocaled to the professional model Print Done Basic Model Professional Model Manufacturing overse:Materials Hardling Manufach.ring avamad Mashine setup Manufach.ring averaad insertion of Parts Toral manufacturing avaited cost i More Info - Aragon wants to further refine its costing system by allocating overhead using activity-based costing. The estimated $1,149,500 of manufacturing overhead has been divided into three primary activities: Materials Handling, Machine Setup, and Insertion of Parts. The following data have been compiled: Materials Handling Machine Setup Insertion of Parts Total Overhead costs $63,000 $456,500 $630,000 $ 1,149,500 Allocation Base Number of parts Number of setups Number of parts Expected usage: Basic Model 30 parts per calculator 20 setups per year 30 parts per calculator Professional Model 60 parts per calculator 35 setups per year 60 parts per calculator Print Done Requirement 2. Compare the activity-based costing results from Requirement 1 with the company's results using a single plantwide rate and using multiple department rates. What conclusions can you draw? Begin by completing the table below to show the total and per unit overhead allocated to each model under each of the three different allocation methods. (Round per unit amounts to the nearest cent.) Basic Model Professional Model Total MOH Per Unit Total MOH Per Unit Single plantwide allocation rate Multiple department allocation rates Activity-based allocation rates What conclusions can you draw? The allocation using is the most accurate because it considers the resources used by each model. Management can now see that compared to the costs allocated using the single plantwide rate, the model cost less than expected and the model cost more than expected to produce. Choose from any list or enter any number in the input fields and then continue to the next