Cost allocation and responsibility accounting

Save Score: 0 of 1 pt 1 of 6 (3 complete) HW Score: 50%, 3 of 6 pts E24-14 (similar to) Question Help Goodson makes handheld machine hours Goodson estimated $624,000 of manufacturing overhead and 520,000 machine hours for the year. The basic model actually consumed 270,000 machine hours and the professional model consumed 250,000 Requirements Compute the prede cation rate using achine hours as the allocation base, 2. How much overhead is alloc ated to the basic model? To the professional model? Requirement 1. Compute the predeter rate using machine hours as the allocation base. Select the formula, and then enter the amounts to compute the pre armined overhead (OH) allocation rate. (Enter your answer to the nearest cent.) Actual overhead costs Predetermined OH allocation rate ? Choose from any list or enter any number in the input fields and then click Check Answer. 1 part Clear All Check Answer remaining