Craftmore Machining reports the following budgeted overhead cost and related data for this year, Activity Budgeted Cost Activity Cost Driver Budgeted Activity Usage Assembly $.409,500 Direct labor hours (DLH) 13, Product design 63,000 Engineering hours (EH) 1,000 Electricity 21,000 Machine hours (9) 10, see Setup 52,500 Setups 420 Total $546,00 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 220 direct labor hours and Job 42 used 500 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 Activity Usage Activity Cost Driver Job 31 Direct labor hours (DLH) 220 50e 34 Engineering hours (EH) Machine hours (M) 52 Setup Job 42 28 62 6 Complete this question by entering your answers in the tabs below. 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 Activity Usage Activity Cost Driver Job 31 Job 42 Direct labor hours (DLH) 220 see Engineering hours (EH) 28 Machine hours (MH) 52 Setups 62 6 4 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 13,000 direct labor hours. Numerator Denominator RCLE Required 2 > Required 1 Required 2 Required 3 Required 4 Job 31 used 220 direct labor hours and Job 42 used 500 direct labor hours. Allocate overhead cost to each job using the single plantwide overhead rate from part 1. Plantwide Overhead Rate Direct Labor Hours per Unit Overhead Allocated Job 31 Job 42 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute an activity rate for each activity using activity-based costing. (Round "Activity Rate" to 2 decimal places.) Activity Budgeted Cost Budgeted Activity Usage Activity Rate Assembly Product design Electricity Setup Required: Required 2 Required 3 Required 4 Allocate overhead costs to Job 31 and Job 42 using activity-based costing. (Round "Activity Rate" to 2 decimal places.) Allocate overhead to Job 31 Activity Activity Usage Activity Rate Allocated Cost Assembly Product design Electricity Setup Total Allocate overhead to Job 42 Activity Usage Activity Rate Allocated Cost Activity Assembly Product design Electricity Setup Total