Channing Corporation makes two products (A1 and B2) that require direct materials, direct labor, and overhead. The following data refer to operations expected for next month. A1 B2 Total $120,000 $360,000 $480,000 40,000 80,000 120,000 44,000 104,500 148,500 Revenue Direct material Direct labor Overhead: Direct-material related Direct-labor related 20,400 17,820 Required: Channing uses a two-stage cost allocation system, It uses direct-material costs to allocate direct-materials related overhead and direct- labor costs to allocate direct-labor related overhead costs. a. Compute the direct-material related overhead rate for next month. b. Compute the direct-labor related overhead rate for next month. c. What is the total overhead allocated to product A1 next month? d. What is the total overhead allocated to product B2 next month? % of direct-materials cost % of direct-labor cost a. Predetermined rate b. Predetermined rate Total overhead (A1) Total overhead (B2) c. d