3. Company X has two departments, A and B. Overhead is applied based on machine hours in Department A. Overhead is applied based on direct labor hours in Department B Budgeted Amounts Direct labor hours Department A Department B 20,000 90,000 Machine hours 10,000 50,000 Direct materials costs $60,000 $720,000 Direct labor costs $30,000 $840,000 Manufacturing overhead costs $210,000 $360,000 The accounting records for Job M Department A Department B Direct labor hours 50 100 Machine hours 110 20 Direct materials costs $2,600 $1,400 Direct labor costs $1,400 $1,600 The overhead allocation rate for Department A = $ The overhead allocation rate for Department B = $ The total allocated overhead cost of Job M = $ The total cost of Job M = $