E4-25 (similar to) EQuestion Heb The Lynn Company uses a normal job-conting derect manulacturing laborn) and two manufactuning overhead cost pools (the machining department overhead, alocated to obs based on actual machne-hours, and the acthual drect manufacturing labor costs) The 2017 budget for the plar't is as folowes systom at ts Meneapols plant The plant has a machinng department and an assenbly porment its pb costing system has two divect-cost calegories (dwrect matenals and assembly deparment overhead, alocaled to gots based on Click the icon to wewthe budget data) Read the nequrements Requirement 1. Iderntity the components of the overvew diagam of Lyen's job-costng system Compue the baeed i Data Table Machining Department Deect merufacturing laor cos Direct minufacturing lsor ous Mactine hours 800 000 1400,000 s 150 000 Assembly Deparment 5 400 000 3000 000 230.000 30 000 ost ocation Base EDirect Costs O Roqustement Direct Manufactuning Latr Cost Indenct Cost o Machning Department Manid Overhead 1, Iderdty the compoents of the overview dagram ofyns j-costing system Compute the budgeled mfg oeernad rale for each department 2. During Februy, the ob oost necord for Job 494cotaned the foong Machining Departementsambiy Deparment rect maenal sued 42 000 18 000 1,700 2,400 Diet mafacturing labor coms 5,000 20000 Direct manufactuing labor hours Machine hours 1,800 1 800 3 Al the end of 2017,the actual manufacturing overhead costs were $2.200,000 in machinng and Compute the totl manufacturing overhead cots alocated to Job 494 Choose from any drop-down list and then dick Check Answer 5,600,000 m assembly Assame tht 55,000 acual machnehours were used in machiring and nat actual drect manufacturing labor costs in assembly were $3,100,000 Compute the over or Clear Al underalocated manufacturing overhead for each department