The Orzo Company manufactures products in two departments. Mixing and Packaging The company was allocating manufacturing overhead using a single plantwide rate of $2.40 with direct labor hours as the alliocatson base The company has refined its allocation system by separating manufacturing overhead costs into two cost pools one for each department. The estimated costs for the Mixing Department, \$442,000, wil be allocated based on direct labor hours, and the estimated direct labor hours for the year are 170.000. The estimated costs for the Packaging Department, 5198000 , will be allocated based on machine hours, and the estimated machine hours for the year are 55,000 In October, the cormpary incurred 36,000 direct labor hours in the Moing Department and 12.000 machine hours in the Packaging Department. Read the requirements Requirement 1. Compute the predetermined overhead allocation rates. Round to two decimal places Begin by selecting the formula to calculate the predetermined overhead (Oth) allocation rate. Then enter the amounts to computa the allocation rate for each department Requirement 2. Determine the total amount of overhead allocated in October Begin by selecting the formula to alocate overhead costs Allocated mig Actual aty of the allocation base used PredeterminecroH albcation rate = overhead cosis Compute the oveche ad allocated in October for each department and the total for both departments