Exercise 12-3 Allocating overhead cost to accomplish smoothing LO 12-2 Kenneth Corporation expects to incur indirect overhead costs of $111,150 per month and direct manufacturing costs of $13 per unit. The expected production activity for the first four months of 2013 is as follows. Estimated production in units 4,800 8,800 4,700 6,400 Required a. Calculate a predetermined overhead rate based on the number of units of product expected to be made during the first four months of the year per unit b. Allocate overhead costs to each month using the overhead rate computed in Requirement a Month Allocated Cost January February March April Total Type here to search