Zapata makes handheld calculators in two models--basic and professional--and 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. C 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: Qty = quantity. Enter the allocation rates to the nearest cent.) Actual qty of the allocation base used Actual overhead costs 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. Print Done Predetermined OH allocation rate Data table Assembly Department Packaging Department Total Overhead costs Machine hours: Basic Model $ 380,000 $ 439,500 $ 819,500 125,500 MHr 112,000 MHr 134,500 MHr 260,000 MHr 373,000 MHr 485,000 MHr Professional Model 237,500 MHr 507,500 MHr 745,000 MHr Total Direct labor hours: Basic Model 32,000 DLHr 35,625 DLHr 65,000 DLHr 484,375 DLHr 97,000 DLHr 520,000 DLHr Professional Model 67,625 DLHr 549,375 DLHr 617,000 DLHr Total Print Done