Hydro Sports budgets overhead cost of $708,000 for the year; of this amount, $420,000 is traceable to the Assembly department and $288,000 is traceable to the Finishing department. The company manufactures two types of jet skis: standard and deluxe. Budgeted direct labor hours for the standard model are 6 in Assembly and 1 in Finishing. Budgeted direct labor hours for the deluxe model are 8 in Assembly and 2 in Finishing. The company budgets production of 240 units of the standard model and 240 units of the deluxe model for the year. 1. Compute each departments total number of budgeted direct labor hours for the year. 2. Compute departmental overhead rates for each department using direct