Direct Method and Overfus Company manufacture both and with a product manufactured in parte de Three woport de suport the production date Power General Factory, and Purchasing. Hudgeted data on the west Support Departments Producing Departments General Liquia Power Tatry Purchasing Peste Fertilir Overhead 550.000 10.000 110,000 78.000 107,450 que 1.100 1,500 4.700 4,00 1.45 24,000 2.000 the 10 125 They were decom. The best tection on pertolon- 1. As one the rear o ato vecu cine and more det Cente Peter 2. Ismered Cound the west) Department were as be Luder Direct Method and Overhead Rates Jasmine Company manufactures both pesticide and liquid fertilizer, with each product manufactured in separate departments. Three support departments support the production departments: Power, General Factory, and Purchasing. Budgeted data on the five departments are as follows: Support Departments General Power Factory Purchasing $80,000 $316,000 $169,000 1,500 1,500 Overhead Producing Departments Liquid Pesticide Fertilizer $78.800 $107.400 4,200 4.800 24,000 8,000 120 50 Square feet Machine Hours Purchase orders 20 40 The company does not break overhead into fixed and variable components. The bases for allocation are power-machine hours, general factory-square feet; and purchasing- purchase orders. Required: 1. Allocate the overhead costs to the producing departments using the direct method. If required, round your allocation ratios to four decimal places and round allocated costs to the nearest dollar and use the rounded values for the subsequent calculations. Cost assignment: Liquid Fertilizer Pesticide Direct costs Power General Factory Purchasing Total 2. Using machine hours, compute departmental overhead rates. (Round the overhead rates to the nearest cent.) Departmental overhead rates Pesticide per machine hour Liquid Fertir per machine hour