Production workers for Kennedy Manufacturing Company provided 300 hours of labor in January and 600 hours in February. Kennedy expects to use 5,000 hours of labor during the year. The rental fee for the manufacturing facility is $7,500 per month.

Required

Based on this information, how much of the rental cost should be allocated to the products made in January and to those made in February?

Production workers for Soloman Manufacturing Company provided 3,000 hours of labor in January and 2,000 hours in February. The company, whose operation is labor intensive, expects to use 40,000 hours of labor during the year. Soloman paid a $96,000 annual premium on July 1 of the prior year for an insurance policy that covers the manufacturing facility for the following 12 months.

Required

Based on this information, how much of the insurance cost should be allocated to the products made in January and to those made in February? (Do not round intermediate calculations.)