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Show Attempt History Current Attempt in Progress Altex Inc. manufactures two products: car wheels and truck wheels. To determine the amount of overhead to assign

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Show Attempt History Current Attempt in Progress Altex Inc. manufactures two products: car wheels and truck wheels. To determine the amount of overhead to assign to each product line, the controller, Robert Hermann, has developed the following information. Car Truck Estimated wheels produced 43,000 12,000 Direct labor hours per wheel 1 3 Total estimated overhead costs for the two product lines are $837,400. (a1) Your answer is correct. Calculate overhead rate. (Round answer to 2 decimal places, e.g. 12.25.) Overhead rate $ 10.60 per direct labor hour Attempts: 1 of 2 used (a2) Compute the overhead cost assigned to the car wheels and truck wheels, assuming that di rect labor hours is used to allocate overhead costs. Car wheels Truck wheels e Textbook and Media Attempts: 0 of 2 used Save for Later Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above

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