eB00K Print Item Sequential Method 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: Power Pesticide Support Departments Producing Departments General Liquid Factory Purchasing Fertilizer Overhead $80,000 $316,000 $169,000 $78,800 $107.700 Square feet 1,500 1,500 4,200 4,800 Machine hours 1.403 24,000 8,000 Purchase orders 20 The company does not break overhead into fixed and variable components. The bases for allocation are power-machine hours: general factory- feet; and purchasing-purchase orders. The company has decided to use the sequential method of allocation instead of the direct method. The support departments are ranked in order of highest cost to lowest cost. 1,345 40 120 60 Required: 1. Allocate the overhead costs to the producing departments using the sequential method. Carry out allocation ratios to four decimal places. Use these numbers for subsequent calculations. Round allocated costs to the nearest dollar. If an amount is zero, enter"0" Check My Work 3 mote Check My Work uses remaining 3 Previous Matter Desnos Graphic Required: 1. Allocate the overhead costs to the producing departments using the sequential method. Carry out location rates to four decimal places. Use these numbers to located costs to the nearest dollar. If an amount is zero, et Allocation ratios: Power General Factory Purchasing Pesticide Liquid ertilizer Square feet Machine hours Purchase order Cost allocation Power General Factory Purchasing Pesticide Liquid Fertilizer Direct Gene Factory Purch PER Total che 2. Using machine hours, compute departmental overhead raten (Round the overhead rates to the nearest cent.) Overhead Rates Pesticide per machine hour Lould Fertilitet per machine hour Provo Check My Work Check My Work uses remaining