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Craftmore Machining reports the following budgeted overhead cost and related data for this year. table [ [ Activity , Budgeted Cost,Activity Cost Driver,Budgeted Activity

Craftmore Machining reports the following budgeted overhead cost and related data for this year.
\table[[Activity,Budgeted Cost,Activity Cost Driver,Budgeted Activity Usage],[Assembly,$536,250,Direct labor hours (DLH),13,000],[Product design,82,500,Engineering hours (EH),1,500],[Electricity,27,500,Machine hours (MH),10,000],[Setup,68,750,Setups,550],[Total,$715,000,,]]
Required:
Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 13,000 direct labor hours.
Job 31 used 320 direct labor hours and Job 42 used 640 direct labor hours. Allocate overhead cost to each job using the single plantwide overhead rate from part 1.
Compute an activity rate for each activity using activity-based costing.
Allocate overhead costs to Job 31 and Job 42 using activity-based costing.
\table[[,Activity Usage],[Activity Cost Driver,Job 31,Job 42],[Direct labor hours (DLH),320,640],[Engineering hours (EH),41,47],[Machine hours (MH),40,56],[Setups,3,5]]
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Job 31 used 320 direct labor hours and Job 42 used 640 direct labor hours. Allocate overhead cost to each job using the single plantwide overhead rate from part 1.
\table[[,Plantwide Overhead Rate,Direct Labor Hours per Unit,\table[[Overhead],[Allocated]]],[Job 31,,,]]
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