Exercise 12-6A (Static) Allocating overhead cost among products LO 12-3 Tyson Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour Tyson expects to incur $480,000 of overhead cost during the next fiscal year. Other budget information follows Direct labor hours: Machine hours Vogue Beauty Glamour 2,000 4,000 6,000 1,200 14001,400 Total 12,000 4,000 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 Product Allocation Rate Weight of Base Allocated Cost Vogue Beauty Glamour Total X X 0 0 0 10 Required B> Exercise 12-6A (Static) Allocating overhead cost among products LO 12-3 Tyson Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour. Tyson expects to incur $480,000 of overhead cost during the next fiscal year. Other budget information follows. Direct labor hours Machine hours Vogue Beauty Glamour Total 2,000 4,000 6,000 12,000 1,200 1,400 1,400 4,000 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 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 Product Vogue Beauty Glamour Total X X X = $ 0 == 0 0 $ 0