Exercise 17-3 (Algo) Computing plantwide overhead rate LO P1 Dade Metals manufactures patio furniture. The company budgets overhead cost of $300,000 for the year. It also budgets 15,000 machine hours and 5,000 direct labor hours. 1. Compute the plantwide overhead rate, assuming the company allocates overhead based on (a) machine hours and (b) direct labor 2a. Job 121 uses 130 machine hours and 60 direct labor hours. Allocate overhead to Job 121 assuming overhead is allocated based on machine hours 2b. Job 121 uses 130 machine hours and 60 direct labor hours. Allocate overhead to Job 121 assuming overhead is allocated based on direct labor hours hours. Complete this question by entering your answers in the tabs below. Required 1 Required 2A Required 28 Compute the plantwide overhead rate, assuming the company allocates overhead based on () machine hours and (b) direct labor hours. a. Plantwide overhead rate per machine hour b. Plantwide overhead role per direct labor hour Required 2 > Exercise 17-3 (Algo) Computing plantwide overhead rate LO P1 Dade Metals manufactures patio furniture. The company budgets overhead cost of $300,000 for the year. It also budgets 15,000 machine hours and 5,000 direct labor hours. 1. Compute the plantwide overhead rate, assuming the company allocates overhead based on (a) machine hours and (b) direct labor hours. 21. Job 121 uses 130 machine hours and 60 direct labor hours. Allocate overhead to Job 121 assuming overhead is allocated based on machine hours 2b. Job 121 uses 130 machine hours and 60 direct labor hours, Allocate overhead to Job 121 assuming overhead is allocated based on direct labor hours, Complete this question by entering your answers in the tabs below. Required: Requirid 2A Required 28 Job 121 uses 130 machine hours and 60 direct labor hours. Allocate overhead to Job 121 assuming overhead is allocated based on machine hours. Plantwide Overhead Rate Activity usage Overhead Allocated Job 121 (quired 1 Required 20 ) Exercise 17-3 (Algo) Computing plantwide overhead rate LO P1 Dade Metals manufactures patio furniture. The company budgets overhead cost of $300,000 for the year. It also budgets 15,000 machine hours and 5,000 direct labor hours. 1. Compute the plantwide overhead rate, assuming the company allocates overhead based on (a) machine hours and (b) direct labor 20. Job 121 uses 130 machine hours and 60 direct labor hours. Allocate overhead to Job 121 assuming overhead is allocated based on machine hours. 2b. Job 121 uses 130 machine hours and 60 direct labor hours. Allocate overhead to Job 121 assuming overhead is allocated based on direct labor hours. hours Complete this question by entering your answers in the tabs below. Required 1 Required 2Alquired 28 Job 121 uses 130 machine hours and 60 direct labor hours, Allocate overhead to Job 121 assuming overhead is allocated based on direct labor hours. Plantwide Overhead Rate Activity Usage Overhead Allocated Job 121