Problem 6-49 Two-Stage Allocation and Product Costing (LO 6-5) Donovan & Parents produces soccer shorts and jerseys for youth leagues. Most of the production is done by machine. Data on operations and costs for March follow: Jerseys 10,700 1,030 240 Shorts 5,600 810 100 Total Units produced Machine-hours used Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs 16,300 1,840 340 $11,800 $8,300 $20,100 $4,800 $2,000 6,800 $23,009 Management asks the firm's cost accountant to compute product costs. The accountant first assigns overhead costs to two pools: overhead related to direct materials and overhead related to machine-hours. The analysis of overhead accounts by the cost accountant follows Account Utilities Supplies Machine depreciation and maintenance Purchasing and storing materials Miscellaneous Amount Related to: $3,960 Machine-hours 2,850 Materials 8,946 Machine-hours 3,783 Materials 3,470 Machine-hours Required a. Compute the predetermined overhead rates assuming that Donovan uses machine-hours to allocate machine-related overhead costs and materials costs to allocate materials-related overhead costs. (Round "Machine-related overhead" rate to 2 decimal places and'Materials related overhead" rate as a whole percentage (i.e., 32).) Overhead Rate Machine-hour related per hour Materials related