QS 17-3 (Algo) Allocating overhead-plantwide rate LO P1 A manufacturer uses machine hours to allocate overhead cost to products. Budgeted information for the current year follows. Budgeted overhead cost Budgeted machine hours $ 49,700 710 machine hours (a) Compute the plantwide overhead rate based on machine hours. (b) How much overhead cost is allocated to Job A2, which uses 4 machine hours? Complete this question by entering your answers in the tabs below. Required A Required B Compute the plantwide overhead rate based on machine hours. Numerator Denominator