Haha Manufacturing uses departmental cost driver rates to allocate manufacturing overhead costs to products. Manufacturing overhead costs are allocated on the basis of machine-hours in the Machining Department and on the basis of direct labor cost in the Assembly Department. At the beginning of 20x8, the following estimates were provided for the coming year Machining Assembly Direct-labor hours 40.000 70.000 Machine-hours 90.000 30.000 Direct labor cost 400.000 800.000 Manufacturing overhead costs 650.000 420.000 At the end of 20x8, the following data is recorded for all the jobs of the year Machining Assembly Direct-labor hours 30.000 65.000 Machine-hours 110.000 40.000 Direct labor cost 550.000 900.000 Manufacturing overhead costs 714.000 424.000 The accounting records of the company show the following data for Job #214 Machining Assembly Direct-labor hours 300 210 Machine-hours 75 25 Direct material cost $500 $400 Direct labor cost 5200 $300 Required: 1. For Haha Manufacturing, what is the annual manufacturing overhead cost allocation rate for Machining Department? (4%) 2. For Haha Manufacturing, what is the annual manufacturing overhead cost aliocation rate for Assembly Department? (4%) 3. What amount of total manufacturing costs will be allocated to Job 8214?(3%) 4. Prepare the journal entries for the following transaction a. Purchased $500 of raw materials, 70% of them were paid in cash, while the rest will be paid next month (1%) b. Usage of raw material for Job #214 for $250 and for unknown job number for $150 (1%) c. Paid salary $1.000, which consisted of $600 for factory labor. $300 for marketing personnel, and $100 for administrative personnel (19) d. Write MOH to COFS for each department (19)