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The Orel Company manufactures products in two departments Meding and Packaging. The company was alocating manufacturing overhead using a single planteide rate of 2.30 with direct labor hours as the allocation base The company has refined its location system by separating manufacturing overhead costs into two cost pool one for each department. The estimated costs for the Ming Department. 548.500, will be located based on direct labor hours, and the estimated direct labor hours for the year we 210,000. The estimated costs for the Packaging Department. $112.000, wil be allocated based on machine hours and the estimated machine hours for the year are 35.000. In October, the company incurred 68.000 direct labor hours in the Ming Department and 11.000 machine hours in the Packaging Department Read the recent Requirement 1. Compute the predetermined overhead allocation rates. Round to two decimal places Begin by selecting the formula to calculate the predetermined overhead (OH) allocation rate. Then enter the amounts to computo the allocation rate for each department Predetermined OH wlocatione Maxing Packaging Requirement 2. Determine the total amount of overhead alocated in October Begin by selecting the formula to allocate overhead coats Allocated overhead con Compute the overhead allocated in October for each department and the total for both departments Packaging overhead (OH) location. Then enter the amounts to compute the location rate for each periment Requirements 1. Compute the predetermined overhead location rates. Round to be decimal places 2. Determine the total amount of overhead located in October Print Done and a total for both doarmers