Dade Metals manufactures patio furniture. The company budgets overhead cost of $300,000 for the year. It also budgets 12.000 machine hours and 4,000 direct labor hours. 1. Compute the plantwide overhead rate, assuming the company allocates overhead based on (a) machine hours and (b) direct labor hours 28. Job 121 uses 160 machine hours and 100 direct labor hours. Allocate overhead to Job 121 assuming overhead is allocated based on machine hours 2b. Job 121 uses 160 machine hours and 100 direct labor hours. Allocate overhead to Job 121 assuming overhead is allocated based on direct labor hours. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2A Required 281 Compute the plantwide overhead rate, assuming the company allocates overhead based on (a) machine hours and (b) direct labor hours. a. Plantwide overhead rate $ 25 per machine hour per direct labor b. Plantwide overhead rate $ 75 hour Required Required 2A >