3. (10 points) Port Accounting performs two types of services, Audit and Tax, Port's overhead costs consist of computer support, $240,000; and legal support, $120,000 Information on the two services is: Audit Tax Direct labor cost $50,000 $100,000 CPU minutes 40,000 10,000 Legal hours used 200 800 Instructions Perform the following analyses for these two types of services: a. allocate total overhead costs to the two services, using direct labor cost as the allocation basis (5 points) b. allocate total overhead costs to the two services, using activity-based costing. (5 points) AACSB: Analytic, AICPA BB: Strategic Critical Thinking, AICPA FN: Measurement, AICPA PC: Problem Solving, MA Cost Mini