Calculating Departmental Overhead Rates Using Post-Allocation Casts Chekov Comparmy has two support departments, Human Resources and General Factory, and two producing departments, Fabricating and Assembly, The costs of the Hisman fesources bepartment are allocated on the bats of number of emplayeel, and the costo of agenerat Facrory are allocated on thief basis of square footage. Chekov Company usey the direct riethed of ripport department cont allocation Solve for the allocated couts to rabricating and Astembly using theic diced method of cuppost department cast allocation. The fabricating Department overhead nate is based on normal activity of was 160 Penuirwa: round vour answers to the nearest cent. Iise thit rounded values for subsequont calculations. Job 316 required six machine hours in Fabricating and four cirect labor hours in Assembly. Total direct materials cost $100, and total direct labor cos was 560 . Required: 1. Calculate the overhead rate for Fabricating based on machine hours and the overhead rate for Assembly based on direct labor hours, If required, round your answers to the nearest cent, Use the rounded values for subsequent calculations. 2. Using the overticad rates calculated in Requirement 1, calculate the cost of Job 316. If required, round your answer to the nearest cent. rentisined the tanie. Calculate the naw cost of 30b 316. I1 required, round your answer to the nearest cent