Assume that overhead was applied on the bases of Direct Labor hours - compute the overhead rate. ii. Assume that overhead was applied on the bases of Machine hours - compute the overhead rate. ili. What is the amount of overhead applied for the two departments for the 1,000 units produced in month 1. iv . What is the best allocation driver in the case above? V. Compute departmental overhead rates for each department. vi. Assume that the allocation exercise in #1 is correct and ChromeSoftware is deemed unprofitable > should you stop it? Why or why not