Woodall makes handheld calculators in two models-basic and professional-and wants to refine its costing system by allocating overhead using departmental rates. The estimated $851.500 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 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. 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. (Abbreviation used Oty quantity. Enter the allocation rates to the nearest cent.) Assembly Packaging $ $ Estimated overhead costs 550,000 301,500 Estimated qty of the allocation base . 500,000 $ 502.500 How much overhead is allocated to the basic model? To the professional model? Begin by selecting the formula to allocate overhead (OH) costs. (Abbreviation used: Qty quantity) Predetermined OH allocation rate Actual qty of the allocation base used. Manufacturing overhead-Assembly Manufacturing overhead-Packaging Total manufacturing overhead cost Predetermined OH allocation rate 1.10 0,60 Allocated mig, overhead costs Compute the total overhead allocated to the basic model, and then compute the total overhead allocated to the professional model. Basic Model andheld calculators in two models-basic and professional-and wants to refine its costing system by allocating over erhead has been divided into two cost pools: Assembly Department and Packaging Department. The following data on to view the data.) me edet ing th the a $ $ erhead ecting th mined total o ing overt ing overt facturing Data table Overhead costs Machine hours: Basic Model Professional Model Total Direct labor hours: Basic Model Professional Model Total $ Assembly Department 550,000 $ 145,000 MHr 355,000 MHr 500,000 MHr 55,000 DLHr 327,500 DLHr 382,500 DLHr Print Packaging Department 301,500 $ 35,000 MHr 120,000 MHr 155,000 MHr 90,000 DLHr 412,500 DLHr 502,500 DLHr Done . Total 851,500 180,000 MHr 475,000 MHr 655,000 MHr 145,000 DLHr 740,000 DLHr 885,000 DLHr - X d dir he all ad the requirements. Smpute the predeterm egin by selecting the f antity. Enter the alloc Assembly $ Packaging How much overhead is Begin by selecting the f Predetermined OH Compute the total overt Requirement 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. How much overhead is allocated to the basic model? To the professional model? Round allocation rates to two decimal places and allocated costs to whole dollars. Manufacturing overhead-Assembly Manufacturing overhead-Packaging Total manufacturing overhead cost Basic Model Print Done - X - and direct e the allocat DH del.