Perez Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour. Perez expects to incur $630,000 overhead cost during the next fiscal year. Other budget information follows. 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