The Oswell Companyr 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 $318,000. and estimated direct labor hours are 340,000. In October. the company incurred 15.000 direct labor hours. Read the muirements. 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. Predetermined DH Estimated overhead costs : Estimated qty of the allocation base 1 = allocation rate RequirementZ. Determine the amount of overhead allocated in October. Begin by selecting the formula to allocate overhead costs. Allocated mfg. x = overhead costs The overhead allocated in October is |:|. The Oswell Company manufactures products in two departments: Mixing and Packaging. The company was allocating manufacturing overhead using a single plantwide rate of $2.25 with direct labor hours as the allocation base. The company has rened its allocation system by separating manufacturing overhead costs into two cost poolsone for each department. The estimated costs for the Mixing Department. 3550.500, will be allocated based on direct labor hours. and the estimated direct labor hours for the year are 190,000. The estimated costs for the Packaging Department. 5138.250. will be allocated based on machine hours. and the estimated machine hours for the year are 35.000. In October. the company incurred 5.000 direct labor hours in the Mixing Department and 3.000 machine hours in the Packaging Department. Read the muirements. Requirement 1. Compute the predetermined overhead allocation rates. 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 for each department. Predetermined OH al Io cati o n rate Mixing | : Packaging l '1 l RequirementZ. Determine the total amount of overhead allocated in October. Begin by selecting the formula to allocate overhead costs. The Oswell Company manufactures products in two departments: Mixing and Packaging. The company was allocating manufacturing overhead using a single plantwide rate of $2.25 with direct labor hours as the allocation base. The company has rened its allocation system by separating manufacturing overhead costs into two cost poolsone for each department. The estimated costs for the Mixing Department. 3550.500. will be allocated based on direct labor hours. and the estimated direct labor hours for the year are 190.000. The estimated costs for the Packaging Department. 5138.250. will be allocated based on machine hours. and the estimated machine hours for the year are 35.000. In October. the company incurred 5.000 direct labor hours in the Mixing Department and 3.000 machine hours in the Packaging Department. Read the Equirements. RequirementZ. Determine the total amount of overhead allocated in October. Begin by selecting the formula to allocate overhead costs. Allocated mfg. x = overhead costs Compute the overhead allocated in October for each department and the total for both departments. Mixing P a c ka gi ng Total = J. _ .. . . _ .- 6:24 PM