(3) (Click tere icon bi verw the job information ! Anas the ceoneremeve Requirements 1. Compute the plantwide overhead rate assuming that Harrison's expects to incur 30,000 total DL hours during the year. 2. Compute departmental overhead rates assuming that Harrison's expects to incur 14,500MH in the Machining Department and 17,500 DL hours in the Finishing Department during the year. 3. If Harrison's continues to use the plantwide overhead rate, how much manufacturing overhead would be allocated to Job 450 and Job 455 ? 4. If Harrison's uses departmental overhead rates, how much manufacturing overhead would be allocated to Job 450 and Job 455 ? 5. Based on your answers to Requirements 3 and 4 , does the plantwide overhead rate overcost or undercost either job? Explain. If Harrison's sells its furniture at 125% of cost, will its choice of allocation systems affect product pricing? Explain. More info The Harrison's plant completed Jobs 450 and 455 on May 15. Both jobs incurred a total of 7DL hours throughout the entire production process. Job 450 incurred 3MH in the Machining Department and 6 DL hours in the Finishing Department (the other DL hour occurred in the Machining Department). Job 455 incurred 6MH in the Machining Department and 5DL hours in the Finishing Department (the other two DL hours occurred in the Machining Department)