Complete this question by entering your answers in the tabs below. \begin{tabular}{|c|c|c|c|c|c|} \hline \multirow{3}{*}{10points} & \multicolumn{5}{|c|}{ Allocate overhead to Job 31} \\ \hline & Activity & Activity Usage & Act & ctivity Rate & Allocated Cost \\ \hline & Assembly & Direct labor hours & & per direct labor hour & \\ \hline ebook & Product design & Engineering hours & & per engineering hour & \\ \hline \multirow[b]{2}{*}{ Print } & Electricity & Machine hours & & per machine hour & \\ \hline & Setup & Setups & 6.00 & per setup & \\ \hline \multirow[t]{8}{*}{ Roferences } & Total & & & & $ \\ \hline & \multicolumn{5}{|c|}{ Allocate overhead to Job 42} \\ \hline & Activity & Activity Usago & \multicolumn{2}{|c|}{ Activity Rate } & Allocated Cost \\ \hline & Assembly & Direct labor hours & & per direct labor hour & \\ \hline & Product design & Engineering hours & & per engineering hour & \\ \hline & Electricity & Machine hours & & per machine hour & \\ \hline & Sotup & Setups & & per sotup & \\ \hline & Total & & & & s \\ \hline \end{tabular} Complete this question by entering your answers in the tabs below. Job 31 used 360 direct labor hours and Job 42 used 650 direct labor hours. Allocate overhead cost to each job using the plantwide overhead rate from part 1. Compute an activity rate for each activity using activity-based costing. Note: Round "Activity Rate" to 2 decimal places. Craftmore Machining reports the following budgeted overhead cost and related data for this year. Required: 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 13,000 direct labor hours. 2. Job 31 used 360 direct labor hours and Job 42 used 650 direct labor hours. Allocate overhead cost to each job using the single plantwide overhead rate from part 1. 3. Compute an activity rate for each activity using activity-based costing. 4. Allocate overhead costs to Job 31 and Job 42 using activity-based costing