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Woodall makes handheld calculators in two models-basic and professional. Woodall estimated $819,500 of manufacturing overhead and 745,000 machine hours for the year. The basic
Woodall makes handheld calculators in two models-basic and professional. Woodall estimated $819,500 of manufacturing overhead and 745,000 machine hours for the year. The basic model actually consumed 260,000 machine hours and the professional model consumed 485,000 machine hours. Woodall wants to refine its costing system by allocating overhead using departmental rates. The estimated $819,500 of manufacturing overhead has been divided into two cost pools-Assembly Department and Packaging Department. The following data have been compiled: (Click the icon to view the data.) Read the requirements. Requirement 1. Compute the pr labor hours for the Packaging De Begin by selecting the formula to department. (Enter the allocation Assembly Estimated Requirements 1. Compute the predetermined overhead allocation rates using machine hours as the allocation base for the Assembly Department and direct labor hours for the Packaging Department. 2. How much overhead is allocated to the basic model? To the professional model? Xembly Department and direct ute the allocation rate for each
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