The

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Company manufactures products in two$$ departments: Mixing and Packaging. The company allocates manufacturing overhead using a single plantwide rate with direct labor hours as the allocation base. Estimated overhead costs for the year are

$ $802$ comma $800$$$802,800,$

and estimated direct labor hours are

$360$ comma $000360,000.$

In

OctoberOctober$,$

the company incurred

$60$ comma $00060,000$

direct labor hours.

Read the requirements.

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Part $1$

Requirement $1.$ Compute the predetermined overhead allocation rate. Round to two decimal places.

Begin by selecting the formula to calculate the predetermined overhead$($OH$)$ allocation rate. Then enter the amounts to compute the allocation rate. $($Abbreviation used; qty$=$ quantity.$)$

Part $2$

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Predetermined OH

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$=$

allocation rate

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$=$

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Part $3$

Requirement $2.$ Determine the amount of overhead allocated in

OctoberOctober.

Begin by selecting the formula to allocate overhead costs. $($Abbreviation used; qty$=$ quantity.$)$

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Allocated mfg$.$

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$=$

overhead costs

Part $4$

The overhead allocated in October is

$.$