Week Seven : Chapter 9: Exercises 2 of 11 (0 complete) HW ufactures products in two departments: Mixing and Packaging. The company was allocating manufacturing overhead bor hours as the allocation base its allocation system by separating manufacturing overhead costs into two cost pools.one for each ed costs for the Mixing Department are $441,000 and will be allocated based on direct labor hours. The estimated direc stimated costs for the Packaging Department are 5138,000 and will be allocated based on machine hours. The estimate October, the company incurred 46,000 direct labor hours in the Mixing Department and 10,000 machine hours in the Pac ate 11 0 Requirements - X ormd on rat 1. Compute the predetermined overhead allocation rates Round to two decimal places 2. Determine the total amount of overhead allocated in October Print Done rop-down list and then click Check Answer Clear All Check Answer 05 VIOTEK Homework: Week Seven : Chapter 9 : Exercises S core: 0 of 1 pt 2 of 11 (0 complete) HW Score: 0%, 0 of 11 S24-2 (similar to) Question Help The Oliver Company manufactures products in two departments Miscing and Packaging The company was allocating manufacturing overhead using a single plantwide- Tale of $2.40 with direct labor hours as the allocation 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 are $441,000 and will be allocated based on direct labor hours. The estimated direct labor hours for the year are 180.000 The estimated costs for the Packaging Department are 5138,000 and will be allocated based on machine hours. The estimated machine hours for the year are 40.000. In October, the company incurred 46,000 direct labor hours in the Mixing Department and 10,000 machine hours in the Packaging Department Read the requirements siri is requirement 1. Compute the predetermined overhead allocation rates. Round to two decimal places. 215 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 allocation rate tatto ase (ACCT Choose from any drop-down list and then click Check Answer parts remaining Clear A Check