Exercise 4-8A Allocating to smooth cost over varying levels of production LO 4-3, 4-5 Production workers for Baird Manufacturing Company provided 460 hours of labor in January and 540 hours in February. Baird expects to use 4,000 hours of labor during the year. The rental fee for the manufacturing facility is $7,000 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.) Allocated Cost Month January February