K Sparkle Scooters manufactures motor scooters. The company has automated production, so it allocates manufacturing overhead based on machine hours. Sparkle expects to incur $240,000 of manufacturing overhead costs and to use 6,000 machine hours during 2024. At the end of 2023, Sparkle reported the following inventories: (Click the icon to view the inventories.) = CI = During January 2024, Sparkle actually used 450 machine hours and recorded the following transactions: (Click the icon to view the transactions.) Requirement 1. Compute Sparkle's predetermined overhead (OH) allocation rate for 2024. Read the requirements. Predetermined OH allocation rate of

Sparkle Scootern manulactures motor scootern. The company has automated production, so it allocates manufacturing overhead based on machine hours. Sparble expects to incur $240,000 of manufachuring overhead costs and to use 6,000 machine hours during 2024. At the end of 2023, Sparkle reported the following inventeries (Cick the icen to view the imventories.) During January 2024, Sparkle actually used 450 machine hours and recorded the following transactions. (Click the icon to view the transactions.) Read the requirements. Requirement 1. Compule Sparhle's predetermined everhead IOHn allocation tale for 2 os