Exercise 4.6 (Algo) Computing departmental overhead rates LO P2 Hydro Sports budgets overhead cost of $810,000 for the year; of this amoum, $486.000 is traceable to the Assembly departalerf and S324.000 is traceable to the Finisting departmenc. The compary manufactures two types at jet skis standard and delwe Budpesed direct iabor hours for the standard model are 8 in Assembly end t in Finahing. Gudgeted drect labor haurs for the deluxe moder are 10 in Assembly and 2 in finishing. The company budgets production of 270 units of the tandard model and 270 taits of the deluve midel for the yeat. 1. Compute each departmentis total number of budgeted arect lobor hours for the yeac. 2. Compute deportinental overhead rates for each department using disect labor hours for that departisent 3. Compute oveinead cost per unit for each model using departinentail overheod rater Actual direct fabor bours for the standard: model are 8 in Assembly and 1 in Finisbing. Actual drect labor hours for the deiuxe model are 10 in Assembly and 2 in Prishing Complete this question by entering your anwwers in the tabs betow. Compuce asch departments's isal eumber of Dudgetod is ecc labor nours for ehe yeac Complete this question by entering your answers in the tabs below. Compute each department's total number of budgeted direct labor hours for the year. Complete this question by entering your answers in the tabs below. Compute departmental overhead rates for each department using direct labor hours for that department; Cormpute a departmental overhead rate for the Assembly department. Complete this question by entering your answers in the tabs below. Compute oveshead cost per unit for each model using departmental overhead rates. Actual direct labor hours for the standard model are a in Asserbbly and 1 in Finishing. Actual direct labor hours for the deluxe model are 10 in Assembly and 2 in Finishing