Data Table Assembly Department Packaging Department Total Overhead costs 460,000 $ 164,000 $ 624,000 Machine hours: Basic Model 165,500 MHT 122,000 MHr 104,500 MHr 128,000 MHT 270,000 MHT 250,000 MHr Professional Model 287,500 MHr 232,500 MHr 520,000 MHT Total Direct labor hours: Basic Model 50,000 DLHr 395,000 DLHO 65,000 DLHr 345,000 DLHr 115,000 DLHO 740,000 DLHr Professional Model 445,000 DLH 410,000 DLHr 855,000 DLHr Total Requirement Compute the predetermined overhead allocation rates using machine hours as the allocation base for the Assembly Department and direct labor hours for the Packaging Department. How much overhead is allocated to the basic model? To the professional model? Round allocation rates to two decimal places and allocated costs to whole dollars. Woodall makes handheld calculators in two models--basic and professional--and wants to refine its costing system by allocating overhead using departmental rates. The estimated $624,000 of manufacturing overhead has been divided into two cost pools: Assembly Department and Packaging Department. The following data have been compiled: (Click the icon to view the data.) Read the requirements. Compute the predetermined overhead allocation rates using machine hours as the allocation base for the Assembly Department and direct labor hours for the Packaging Department. Begin by selecting the formula to calculate the predetermined overhead (OH) allocation rate. Then enter the amounts to compute the allocation rate for each department. (Abbreviation used: Qty = quantity. Enter the allocation rates to the nearest cent.) Predetermined OH = allocation rate