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Keenan makes handheld calculators in two models-basic and professional-and wants to refine ils costing system by allocating overhead using departraental rates. The estinated 51,060,500 of

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Keenan makes handheld calculators in two models-basic and professional-and wants to refine ils costing system by allocating overhead using departraental rates. The estinated 51,060,500 of manulacturing overhead has been divided into two cost pools. Assembly Department and Packaging Department, The following data have been carnpiled. Click the icon to vew the data.) Read the tegailiaments Compute the predeteimined overtiead allocation zales using machine hours as tho allocaton base for the Assembly Deparment and firect labor bours for the Fackaging Departhent Begin by seleting the formula fo calculate the predetermined overhead (OH) allocation rate. Then enter the amounts to compute the allocation rate for each departinent, (Ahtrdevialion used. Oey quamtiy Enter the ailocatlan rates to the nearet cent) Requirement Compute the predetermined overhead allocation rates using machine hours as the allocation base for the Assembly Department and direct labor hours for the Packaging Department. How much overhead is allocated to the basic model? To the professional model? Round allocation rates to two decimal places and allocated costs to whole dollars. Data table

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