Munoz Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour. Munoz expects to incur $640,000 of overhead cost during the next fiscal year. Other budget information follows: Direct labor hours Machine hours Vogue 3,800 1,400 Beauty Glamour Total 5,800 10,400 20,000 1,400 1,200 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 x Weight of Base = Allocated Cost Vogue Beauty Glamour Total $ Munoz Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour. Munoz expects to incur $640,000 of overhead cost during the next fiscal year. Other budget information follows: Direct labor hours Machine hours Vogue 3,800 1,400 Beauty Glamour 5,800 10,400 1,400 1,200 Total 20,000 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 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 Required A Required B )