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olando Ass Homework: M 7 Homework Part 1 of 2 Question 1 B-Graded Score: 0 of 2 points Save Keenan makes handheld calculators in two models: basic and professional. Keenan estimated $1.053,000 of manufacturing overhead and 585,000 machine hours for the year. The basic model actually consumed 160,000 machine hours, and the professional model consumed 425,000 machine hours, Requirements 1. Compute the predetermined overhead allocation rate using machine hours (MHr) as the allocation base, 2. How much overhead is allocated to the basic model? To the professional model? Requirement 1. Compute the predetermined overhead allocation rate using machine hours as the allocation base. Select the formula, and then enter the amounts to compute the predetermined overhead (OH) allocation rate. (Enter your answer to the nearest cont.) - Predetermined OH allocation rate In Otic) (0/2 Choose from any list or enter any number in the input fields and then click Check Answer Help Me Solve This eText Pages Get More Help Clear All Check