Alen's Fine Furnishings manufactures upscale custom fumiture. Allor's currently uses a plantwide overhead rate based on direct labor hours to allocate its $1,000,000 of manufacturing overhead to individual jobs. However, Deana Gillo, owner and CEO is considering refining the company's costing system by using departmental overhead rates. Currently, the Machining Department incurs 5660.000 marutacturing overhead while the Finishing Department incurs $340,000 of manufacturing overhead Deana has identified machine hours (MH) as the primary manufacturing overhead cost driver in the Machining Department and direct labor (DL) hours as the primary cost driver in the Finishing Department Click the icon to view the job information) Road the resumments Requirement 1. Compute the planta de overhead rate assuming that Allen's expects to incur 20,000 total DL hours during the year. Fiest identify the formula, then compute the rate (Round your answer to the nearest whole dolar) Planwide overhead rate D Requirement 2. Compute departmental overhead rates assuring that Aller's expects to incur 15,000 MH in the Machining Department and 17,000 DL hours in the Fishing Department during the ye Frithm than the front Hus in the rest w and then continue to the next question Allen's Fine Furnishings manufactures upscale custom furniture. Alen's currently uses a plantwide overhead rate based on direct labor hours to alocato its $1,000,000 of manufacturing overhead to individual jobs However, Deana Gillo, owner and CEO, is considering refining the company's costing system by using departmental overhead rates Currently, the Machining Department incurs $60.000 of manufacturing overhead while the Finishing Department incurs $340,000 of manufacturing overhead Deana has identified machine hours (MH) as the primary manufacturing overhead cost driver in the Machining Department and direct labor (DL) hours as the primary cost driver in the Finishing Department (Click the icon to view the job information) Read the requirements Requirement 2. Compute departmental overhead tatos assuming that Aler's expect to our 15,000 MH in the Machining Department and 17,000 DL hours in the Fishing Department during the year, First identity the formula, then compute the rate for each department (Round your answers to the nearest Whole dotar) Departmental overhead rate Machining - por mach hour per DL hour I Requirement 3. Alen's continues to use the plantwide overhead rate how much manufacturing overhead would be allocated to Job 450 and Job 455? First identify the formula, then calculate the amount of manufacturing overhead that would be allocated to the jobs if the plantwide overhead rate is used. (Round your answers to the nearest whole dolar) Manufacturing overhead I allocated Job 450 Job 455 Aller's Fine Furnishings manufactures upscale custom furniture Allen's currently uses a plantiwide overhead rate based on direct labor hours to allocate its $1,000,000 of manufacturing overhead to individual job However, Deana Gilo, owner and CEO, is considering refining the company's costing system by using departmental overhead rates. Currently, the Machining Department inours 5660,000 of manufacturing over while the Finishing Department incurs $340,000 of manufacturing overhead Deana has identified machine hours (MH) as the primary manufacturing overhead cost driver in the Machining Department and direct (DL) hours as the primary cost driver in the Finishing Department (Click the icon to view the job information) JE Read the requirements JOD 50 Job 455 Requirement 4. It Aller's usos departmental overhead rates, how much morfacturing overhead would be allocated to Job 450 and Job4567 Use the following table to calculate the amount of manufacturing overhead that would be located to the jobs if the department overhead catos are used (Round your awwers to the nearest whole dolar) Job 450 Job 455 Machining Finishing while the Finishing Department incurs $340,000 of manufacturing overhead. Deana has identified machine hours (M) Ubimbly lady (DL) hours as the primary cost driver in the Finishing Department. (Click the icon to view the job information Read the requirements Finishing Total overhead allocation Requirement 5. Based on your answers to Roquromonts 3 and 4, does the plantwide overhead rate ovepost or undercost other job? Explain. If Allen's sells its future a 125% of cost will its choice of location systems affect product pricing? Explain orror The single plantwiderato Job 450 by Job 455 by Since Alan's sets its sales price at 12:56 of coul, and the job costis by the location system it uses, its sales price will by the allocation systems Choose from any list or enter any number in the input fields and then continue to the next question ture. Allen's currently uses a plantwide overhead rate based on direct labor hours to allocate i etu tr i More Info h The Allen's plant completed Jobs 450 and 455 on May 15. Both jobs incurred a total of 6 DL hours throughout the entire production process. Job 450 incurred 1 MH in the Machining Department and 5 DL hours in the Finishing Department (the other DL hour occurred in the Machining Department). Job 455 incurred 6 MH in the Machining Department and 4 DL hours in the Finishing Department (the other two DL hours occurred in the Machining Department). selle s 3 $ Print Done by the he job! but fields and then continue to the next