3. Umbrella Corp. prints custom marketing materials. The business was started January 1, 2018. The company uses a normal-costing system. It has two direct cost pools, materials and labor and one indirect cost pool, overhead. Overhead is charged to printing jobs on the basis of direct labor cost. The following information is available for 2018. Budgeted direct labor costs Budgeted overhead costs Costs of actual material used Actual direct labor costs Actual overhead costs ..... Budgeted direct labor hours Actual direct labor hours. $150,000 $180,000 $126,500 $148,750 $176,000 15,000 .12,500 There were two jobs in process on December 31, 2018: Job 11 and Job 12. Costs added to each job as of December 31 are as follows: Job 11 Job 12 Direct materials $3,620 $6,830 Direct labor $4,500 $7,250 DL Hours 152 128 Umbrella Corp. has no finished goods inventories because all printing jobs are transferred to cost of goods sold when completed. a. Compute the overhead allocation rates (both budgeted and actual). (5 pts) b. Compute the total costs for each job (Job 11 and Job 12). (15 pts)