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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

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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 380 direct labor hours and Job 42 used 680 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. Complete this question by entering your onswers in the tabs below. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 13,000 direct habor hours. Complete this question by entering your answers in the tabs below. Job-31 used 380 direct labor hours and Job 42 used 690 direct labor hours. Allocate overhead cost to each job using the single pluntwide overhead rate from part 1. Compute an activity rate for each activity using activity-based costing. (Round "Activity Rate" to 2 decimal places. Complete this question by entering your answers in the taos berow. Allocite overhead costs to Job 31 and Job 42 using actlvity-based costing. (Round "Activity Rate" to 2 decimal places

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