Denong manoscale customers and needs.000 owner and CEO Score the coming som tyngde Ouro 21/0 M Ft to HOMHO as the MOH Converine Machining nored to the may contact Click the icon to vw the job information Bente Score: 0.82 of 1 pt E7-17A (similar to) Donovan Furnishings manufactures upscale custom furniture. Donovan Furnishings currently uses a plant owner and CEO, is considering refining the company's costing system by using departmental overhead rat hours (MH) as the primary MOH cost driver in the Machining Department and direct labour (DL) hours as tt i (Click the icon to view the job information.) Requirements ap#7 - Un 3 of 5 (5 compl scale custom fumiture. Donovan Furnishings currently uses a plantwide overhead rate based on g the company's costing system by using departmental overhead rates. Currently, the Machining river in the Machining Department and direct labour (DL) hours as the primary cost driver in the nformation.) harpreet kaur & 11/22/20 7:59 PM Sav 3 of 5 (5 complete) HW Score: 96.36%, 4.82 of 5 Question Help Hantwide overhead rate based on direct labour hours to allocate its $1,008,000 of manufacturing overhead to individual jobs. However, Werner Donovan drates Currently, the Machining Department incurs 5621,600 of MOH while the Finishing Department incurs $386,400 of MOH. Erie has identified machi as the primary cost driver in the Finishing Department. y Depalulent US $621,600 of MOH while the Fin nd direct labour (DL) hours as the primary cost driver in the Finishing Department. Requirements 1. Compute the plantwide overhead rate assuming that Donovan expects to incur 24,000 total DL hours during the year. 2. Compute departmental overhead rates assuming that Donovan expects to incur 14,800 MH in the Machining Department and 16,800 DL hours in the Finishing Department during the year. 3. If Donovan continues to use the plantwide overhead rate, how much manufacturing overhead would be allocated to Job 450 and Job 455? 4. If Donovan uses departmental overhead rates, how much MOH would be allocated to Job 450 and Job 455? 5. Based on your answers to Requirements 3 and 4. does the plantwide overhead rate overcost or undercost either job? Explain. If Donovan sells its furniture at 125% of cost, will its choice of allocation systems affect product pricing? Explain. Print Done Job 455 by S maar All Tulal Uveredu allocation 524 Requirement 5. Based on your answers to Requirements 3 and 4, does the plantwide overhead rate Explain. (Round your answers to the nearest whole dollar.) The single plantwide rate overcosts Job 450 by $ and overcosts Job 455 by $ Enter your answer in the edit fields and then click Check Answer. 1 part remaining HE Search for anything 321 ments 3 and 4, does the plantwide overhead rate overcost or undercost either of the jobs? Explain. If Donov. le dollar.) and overcosts Job 455 by $ k Check Answer Clear All 10 LUIJMUISLU U Nearest Whole dollar.) Bercost either of the jobs? Explain. If Donovan sells his furniture at 125% of cost, will his choice of allocation systems affect product pricing? Check Answer Clear All 8:00 PM 11/22/2020 HP 650 pils THIRI Denong manoscale customers and needs.000 owner and CEO Score the coming som tyngde Ouro 21/0 M Ft to HOMHO as the MOH Converine Machining nored to the may contact Click the icon to vw the job information Bente Score: 0.82 of 1 pt E7-17A (similar to) Donovan Furnishings manufactures upscale custom furniture. Donovan Furnishings currently uses a plant owner and CEO, is considering refining the company's costing system by using departmental overhead rat hours (MH) as the primary MOH cost driver in the Machining Department and direct labour (DL) hours as tt i (Click the icon to view the job information.) Requirements ap#7 - Un 3 of 5 (5 compl scale custom fumiture. Donovan Furnishings currently uses a plantwide overhead rate based on g the company's costing system by using departmental overhead rates. Currently, the Machining river in the Machining Department and direct labour (DL) hours as the primary cost driver in the nformation.) harpreet kaur & 11/22/20 7:59 PM Sav 3 of 5 (5 complete) HW Score: 96.36%, 4.82 of 5 Question Help Hantwide overhead rate based on direct labour hours to allocate its $1,008,000 of manufacturing overhead to individual jobs. However, Werner Donovan drates Currently, the Machining Department incurs 5621,600 of MOH while the Finishing Department incurs $386,400 of MOH. Erie has identified machi as the primary cost driver in the Finishing Department. y Depalulent US $621,600 of MOH while the Fin nd direct labour (DL) hours as the primary cost driver in the Finishing Department. Requirements 1. Compute the plantwide overhead rate assuming that Donovan expects to incur 24,000 total DL hours during the year. 2. Compute departmental overhead rates assuming that Donovan expects to incur 14,800 MH in the Machining Department and 16,800 DL hours in the Finishing Department during the year. 3. If Donovan continues to use the plantwide overhead rate, how much manufacturing overhead would be allocated to Job 450 and Job 455? 4. If Donovan uses departmental overhead rates, how much MOH would be allocated to Job 450 and Job 455? 5. Based on your answers to Requirements 3 and 4. does the plantwide overhead rate overcost or undercost either job? Explain. If Donovan sells its furniture at 125% of cost, will its choice of allocation systems affect product pricing? Explain. Print Done Job 455 by S maar All Tulal Uveredu allocation 524 Requirement 5. Based on your answers to Requirements 3 and 4, does the plantwide overhead rate Explain. (Round your answers to the nearest whole dollar.) The single plantwide rate overcosts Job 450 by $ and overcosts Job 455 by $ Enter your answer in the edit fields and then click Check Answer. 1 part remaining HE Search for anything 321 ments 3 and 4, does the plantwide overhead rate overcost or undercost either of the jobs? Explain. If Donov. le dollar.) and overcosts Job 455 by $ k Check Answer Clear All 10 LUIJMUISLU U Nearest Whole dollar.) Bercost either of the jobs? Explain. If Donovan sells his furniture at 125% of cost, will his choice of allocation systems affect product pricing? Check Answer Clear All 8:00 PM 11/22/2020 HP 650 pils THIRI