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: The company does not break overhead into fored and variable components, The basei for allocation are power-machine hours; general factory -square foet; 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 ta lawest cost. Required 1. Alocate the overhead costs to the producing departments using the sequential method. Carry out atocation ratios to four decimal places. Use these numbert for subsequent caiculations. Round allocated costs to the nearest dollac. If an amount is zero, enter "0". Cost allocationt 2. Using machine hours, compute departmental overhead rates. (Round the overhead rates to the nearest cent.) 3 more Check My Work uses rumaining