Tacs makes handhelf calculators in two models--basic and professional--and wants to refine its costing system by allocating overhead using departmental rates. The estimated $1,060,500 of manufacturing overhead has been divided into two cost pools: Assembly Department and Packaging Department. The following data have been compiled:

write tge formula to calculate the predetermined overhead (OH) allocation rate. Then write amounts to compute the allocation rate for each department.

i Data Table Assembly Department 720,000 $ Packaging Department 340,500 $ Total 1,060,500 Overhead costs Machine hours: Basic Model 135,500 MHT 264,500 MHT Professional Model 4,500 MHT 100,500 MHT 140,000 MHT 365,000 MHT 400,000 MHT 105,000 MHT 505,000 MHT Total Direct labor hours: Basic Model Professional Model 32,000 DLHT 127,500 DLHO 95,000 DLHT 472,500 DLHO 127,000 DLHO 600,000 DLHT Total 159,500 DLHO 567,500 DLHr 727,000 DLHr Print Done Requirement Compute the predetermined overhead allocation rates using machine hours as the allocation base for the Assembly Department and direct labor hours for the Packaging Department. How much overhead is allocated to the basic model? To the professional model? Round allocation rates to two decimal places and allocated costs to whole dollars. Print Done