Exercise 12-9 Allocauing to smooth cost over varying levels of production LO 12-3 Production workers for Vernon Manufacturing Company provided 440 hours of labor in January and 520 hours in February. Vernon expects to use 4,000 hours of labor during the year. The rental fee for the manufacturing facility is $12,000 per month Required Based on this information, how much of the rental cost should be allocated to the products made in January and to those made in February? (Do not round intermediate calculations.) Answer is complete but not entirely correct. Month Allocated Cost January 5,280 February 6 240