Bergeron's Fine Fumishings manufactures upscale custom fumiture. Bergeron's currently uses a plantwide cverhead rato based on direct labor hours to allocate its 51,290,000 of manufacturing overhead to individual jobs. However, Diana Able, owner and CEO, is considoring refining the company's costing system by using dopartmental overthead rates. Currenty, the Nachining Department incurs $870,000 of manufacturing overhead while the Finshing Department incurs $420,000 of manytactuting overhead. Able has identfied machine heurs (MH) as the primary manutacturing overhead cost driver in the Machining Department and direct labor (DL) hours as the primary cost driver in the Finishing Department. (1) (Click the icon to view the job information.) Read the reodirements Requirement 1. Compuste the plantwide overhead rate assuming that Bergeron's expects to incur 30.000 total DL. hours during the year. First identfy the formula, then compute the rate. (Round your answer to the neacest whole dollar.) Requirement 2. Compute depatmontal overhead rates assuming that Bergeror's expects to incur 14,500 MH in the Machining Dopartmsent and 17,500DL hours in the Finishing Department during the year. First identify the formula, then compute the rate for ench department, (Round your anwers to the nearese whole dollar.) First identify the formula, then calculate the amount of manulacturing ovehead that would be allecated to the pobs it the plantwide overiead rate is used. (Round your antirens te the nearest Whote dolur.) Requifement 4, if Bergeton's uses departmental overhead rates, how much manutacturing overhead would be allocated to Job 450 and Job 455 ? Use the following table to calculate the amount of manutacturing overhead that would be allocated to the jobs if the departmental overhead rates are used. IRound your anawers to the nearest Whole dollar.) will its choice of allocation syetems affect product priting? Expinin. The single plantwide rale Job 450 by and 406455 by Since Bergeronis sets to cales price at 125% of cost, and the job cost is by the allocacion system it uses, its saios price wit by the alocation syatern it uses. More info The Bergeron'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 2MH in the Machining Department and 6 DL hours in the Finishing Department (the other DL hour occurred in the Machining Department). Job 455 incurred 5MH in the Machining Department and 5 DL hours in the Finishing Department (the other two DL hours occurred in the Machining Department)