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Tackett makes handheld calculators in two modelslong dashbasic and professional. TackettTackett estimated $ 1 comma...

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Accounting

Tackett makes handheld calculators in two modelslong dashbasic and professional. TackettTackett estimated $ 1 comma 149 comma 500$1,149,500 of manufacturing overhead and 605 comma 000605,000 machine hours for the year. The basic model actually consumed 280 comma 000280,000 machine hours, and the professional model consumed 325 comma 000325,000 machine hours. The predetermined overhead allocation rate using machine hours as the allocation base is $ 1.90$1.90 per machine hour, with the allocated overhead costs split between the basic model and the professional model by $ 532 comma 000$532,000 and $ 617 comma 500$617,500, respectively.

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