Direct Method and Overhead Rates Jasmine Company manufactures both pesticide and liquid fertiler, with each product manufactured in parte departments. The support departments support the production departments Power General Factory and Purchasing Budgeted data on the five departments are as follows: 120 Support Departments Producing Departments General Liquid Power Factory Purchasing Pesticide Fertilizer Overhead 550.000 $316,000 $160.000 $78,800 $107.400 Square feet 1.500 1,500 4.200 4,800 Machine hours 1.403 1.345 24,000 3.000 Purchase orders 20 40 2 60 The company does not reverent food and warble components. The bases for location are power-machine hour peneral actory-square feet and purchasing-purchase orders Requiredi 1. Atocite the overhead costs to the producing departments using the cred method. It coured, round your location rate to four decimal places and round nocated couts to the nearest dolor and use the rounded values for the sequent calculation Cost assignment Pesticide Liquid Fertilizer Directos 78.800 107,400 Power x x General Tectory Purchasing Previous Next) Generar Liquid Power Factory Purchasing Pesticide Fertilizer Overhead $80,000 $316,000 $168.000 $78,000 5107,400 Square feet 1.100 1,500 4,200 4.800 Machine hours 1.403 1,345 24.000 3,000 Purchase orders 20 40 7 120 60 The company does not break overhead to find and variable comments. The bases for allocation are power-machine hours, onerat factory are feet, and purchasing-purchase orders Required 1. Alocate the overhead come to the producing departments using the dired method. regret, round your location is to four ordima slaces and round weed costs to the nearest bow and use the rounded values for the went on Cost assignment Liquid Fertilizer Pesticide 78.800 Direct costa 107,400 Power General Factory Purchasing Total 2. Using machine hours, comte departmental overhead rates (Round the overhead rates to the nearest cent.) Departmental overhead rates Pesticide per machine hour Fertilizer per machine hour Previous Next