Check my work Exercise 12-6 Allocating overhead cost among products LO 12-2, 12-3 Gibson Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour. Gibson expects to incur $666,000 of overhead cost during the next fiscal year. Other budget information follows: Direct labor hours Machine hours Vogue 3.400 1,200 Beauty Glamour Total 5,400 9,200 10,000 2,050 2,300 5,550 Required a. Use direct labor hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product b. Use machine hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product. Complete this question by entering your answers in the tabs below. Required A Required B Use direct labor hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product. Ande Product E! 4 of 5 Next > 1:32 AM prey of 5 !!! Next > o e o re to search Complete this question by entering your answers in the tabs below. Required A Required B Use machine hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product. Allocation Rate x Weight of Base = Allocated Cost IS0 Product Vogue Beauty Glamour Total * x