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2 points EBODK Pnnt RETE TEHCES Check my wor Assume a company has two manufacturing departments Assembly and Fabrication. The company considers all of its

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2 points EBODK Pnnt RETE TEHCES Check my wor Assume a company has two manufacturing departments Assembly and Fabrication. The company considers all of its manufacturing overhead costs to be fixed costs. The rst set of data below is budgeted data for the company as a whole that was estimated at the beginning of the year. The second set of data below is actual data for the company as a whole that was derived at the end of the year. The third set of data relates to one particular job completed during the year Job Z. Budgeted Data Assembly Fabrication Manufacturing overhead costs $ 366,666 $ 466,666 Direct labor hours 25,666 15,666 Machine hours 16,666 56,666 Actual Data Assembly Fabrication Manufacturing overhead costs $ 336,666 $ 366,666 Direct labor hours 27,666 16,666 Machine hours 16,566 48,666 Job 2 Assembly Fabrication Direct labor hours 16 hours 2 hours Machine hours 1 hour 7 hours lfthe company uses a plantwide approach for applying overhead to production with machinehours as the allocation base, the company's plantwide predetermined overhead rate is closest to

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