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Secure https://www math l.com Student/PlayerHomework.aspx?homeworkId-483472523&questionld;_1&flushedzfalse;&cld-601; 4387&center; ACCT 1212 901 16175 SU 2018 Homework: 19 Problem Score: 0 of 8 pts E19-15 (book/static) in-yes Ashleigh Varrato&1 6/13/18 2:45 PM Save 1 of 1 (0 complete) HW Score: 0%, 0 of 8 pts Question Help Koehler makes handheld calculators in two models: basic and professional. Koehler estimated $721,000 of manufacturing overhead and 515,000 machine hours for the year. The basic model actually consumed 230,000 machine hours, and the professional model consumed 285,000 machine hours. Requirements 1. 2. How much overhead is allocated to the basic model? To the professional mcdel? Compute the predetermined overhead allocation rate using machine hours (MHr) as the alliocation base Requirement 1. Compute the predetermined overhead allocation rate using machine hours as the allocation base. Select the formula, and then enter the amounts to compute the predetermined overhead (OH) allocation rate. (Enter your answer to the nearest cent.) - Predetermined OH allocation rate Choose from any list or enter any number in the input fields and then click Check Answer part remaining Clear Al Check Answer

Explanation / Answer

1) Total Estimated manufacturing Overhead / Estimated machine hours = Predetermined OH allocation rate $       7,21,000 /           5,15,000 = $          1.40 per machine hour 2) Basic Professional Overhead allocated $       3,22,000 $       3,99,000 Working: Basic Professional Predetermined OH allocation rate $               1.40 $               1.40 Machine hours consumed           2,30,000           2,85,000 Overhead alocated $       3,22,000 $       3,99,000

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