The Ortman Company manufactures products in two departments: Mong and Packaging. The company allocates manufacturing overhead using a single plantwiderate with direct labor hours as the allocation base Estimated overhead costs for the year are $579.800, and estimated direct labor hours are 260.000. In October, the company incurred 35,000 direct labor hours Read the requirements Requirement 1. Compute the predetermined overhead allocation rate. Round to two decimal places Begin by selecting the formula to calculate the predetermined overhead (OH) alocation rate. Then enter the amounts to compute the allocation rate Predetermined OH allocation rate Requirements - Requirement 2. Determine the amount of overhead allocated in October Begin by selecting the formula to alocate overhead costs 1. Compute the predetermined overhead allocation rate Round to two decimal places 2. Deformine the amount of overhead allocated in October Allocated overhead costs The overhead alocated in October is Print Dono Choose from any list or enter any number in the input fields and then continue to the next