Budgeted overhead costs in ebch department for the current year are shown below: Beceuse of it sirplicity, the company has always used the direct method to alocate service department costs to the two operating departments Aequired: 1. Using the step-down method, allocale the service department costs to the consuming departments. Then cormpute predetermined overteod rotes in the two operating departments. Use machine-hourt as the allocation base in the Printing Department and direct laberboun as the alocation base in the dinding Department. 2. Ropen (t) abeve, this time using the direct mebhed. Agan compute predetemined overtiead rates in the Printeng and Bincing deperimerts 1. Assume that duting the curent yeor the company bids on a job that reguites thachine and labor time as follows: A. Determine the amount of overbeod cost that would be assoned to the job if the cempany used the ovechead rates developed in iv abore. Then determite the amount of ovechead cost that weuld be as igned to the job it the comporiy used the bverthead rates dewelogod in (2) 0bove. Detenmine the amount of oveshead cost that would be assigned to the job if the company used the overhead rates developed in (t) bove. Then determine the amount of overhend cost that would be assigned to the job if the company used the overhesd rates ieveloped in (2) above. Complete this question by entering your answers in the tabs below. Kepeat requarement 1 above, this bene using the direct method. Agan compute predetermined everhead rates in the Printing and Bending departments. (Please enter allocatbers from a department as nejative and alocatbens to a deparment ans positive. The line should add across to zerv. Do not round intermediote calctlations, Round 'Prederertined overtead rute' to 2 decimal places and reit of the ankwers ta the nearest whide doller encunt. Budgeted overhead costs in ebch department for the current year are shown below: Beceuse of it sirplicity, the company has always used the direct method to alocate service department costs to the two operating departments Aequired: 1. Using the step-down method, allocale the service department costs to the consuming departments. Then cormpute predetermined overteod rotes in the two operating departments. Use machine-hourt as the allocation base in the Printing Department and direct laberboun as the alocation base in the dinding Department. 2. Ropen (t) abeve, this time using the direct mebhed. Agan compute predetemined overtiead rates in the Printeng and Bincing deperimerts 1. Assume that duting the curent yeor the company bids on a job that reguites thachine and labor time as follows: A. Determine the amount of overbeod cost that would be assoned to the job if the cempany used the ovechead rates developed in iv abore. Then determite the amount of ovechead cost that weuld be as igned to the job it the comporiy used the bverthead rates dewelogod in (2) 0bove. Detenmine the amount of oveshead cost that would be assigned to the job if the company used the overhead rates developed in (t) bove. Then determine the amount of overhend cost that would be assigned to the job if the company used the overhesd rates ieveloped in (2) above. Complete this question by entering your answers in the tabs below. Kepeat requarement 1 above, this bene using the direct method. Agan compute predetermined everhead rates in the Printing and Bending departments. (Please enter allocatbers from a department as nejative and alocatbens to a deparment ans positive. The line should add across to zerv. Do not round intermediote calctlations, Round 'Prederertined overtead rute' to 2 decimal places and reit of the ankwers ta the nearest whide doller encunt