Direct Method and Overheod Rates Jasmine Company manufactures both pesticide and bicud fertilizer, with each prodact manufactured in separate departments, Three support departments support the productiae departments: Power, General Factory, and Purchasing. Budgeted data on the five departments are as follows: The company does nor break ovehead into fixed and vanable corrponents. The bases for allocation are power-mschine hours: general factofy-souare leet; and purchasingpurchase orders Required: 1. Alocate the overhead conts to the producing departinents using the dired method. If required, round your allocation ration to four deamal places and raund allocted cocts tis the nearest dollar and use the rounded values for the subsequent calculstions. Cost assignmentz 1. Allocate the ovethead costs to the producing departments useng the direct method. If reeuired, round your allocation ratios to four decimal places and reurd aliocatnd costa to. the nearest dollar and use the rounded values for the subsequent calculations Cost assignument: 7. Using madirn hours, compute departmensal overhead rates. (Gound the overtiead rates to the neareat cant.)