job 31 and 41 are under activity usage under required

4 Return to question Craftmore Machining reports the following budgeted overhead cost and related data for this year, Activity Budgeted Cost Activity Cost Driver Budgeted Activity Usage Assembly $ 468,eee Direct labor hours (OLH) 13,000 Product design 72,eco Engineering hours (EH) 1,440 Electricity 24,00 Machine hours (1) 10, cee Setup 60, eee Setups 400 Total 5.624.ee Required: 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 13,000 direct labor hours 2. Job 31 used 280 direct labor hours and Job 42 used 560 direct labor hours. Allocate overhead cost to each job using the single plantwide overhead rate from part 1 3. Compute an activity rate for each activity using activity-based costing 4. Allocate overhead costs to Job 31 and Job 42 using activity based costing Activity Cost Driver Direct labor hours (DLR) Engineering hours (EH) Machine hours (M) Activity Usage Job 31 Job 42 280 56e 34 ce 55 60 Complete this question by entering your answers in the tabs below. Required 2 Required 1 Required Required 4 Compute a single plantwide overhead rate assuming the company locates overhead cost based on 13,000 direct labor hours. Numerator Denominator Required 1 Required 2 Required 3 Required Job 31 used 320 direct labor hours and Job 42 used 680 direct labor hours. Allocate overhead cost to each job using the single plantwide overhead rate from part 1. Plantwide Overhead Rate Direct Labor Hours per Unte Overhead Allocated Job 31 Job 42 Required 1 Required 2 Required 3 Required 4 Compute an activity rate for each activity using activity-based costing. (Round "Activity Rate" to 2 decimal places:) Activity Budgeted Cost Budgeted Activity Usage Activity Rute Assembly Product design Electricity Setup Required 1 Required 2 Required Required 4 Allocate overhead costs to Job 31 and Job 42 using activity-based costing. (Round "Activity Rato" to 2 decimat place.) Allocate overhead to Job 31 Activity Activity Usage Activity Rate Allocated Cost Assembly Product design Electricity Setup Allocate overhead to Job 42 Activity Usage Activity Rate Allocated cost Activity Assembly Product design Electricity Setup Total 4 Return to question Craftmore Machining reports the following budgeted overhead cost and related data for this year, Activity Budgeted Cost Activity Cost Driver Budgeted Activity Usage Assembly $ 468,eee Direct labor hours (OLH) 13,000 Product design 72,eco Engineering hours (EH) 1,440 Electricity 24,00 Machine hours (1) 10, cee Setup 60, eee Setups 400 Total 5.624.ee Required: 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 13,000 direct labor hours 2. Job 31 used 280 direct labor hours and Job 42 used 560 direct labor hours. Allocate overhead cost to each job using the single plantwide overhead rate from part 1 3. Compute an activity rate for each activity using activity-based costing 4. Allocate overhead costs to Job 31 and Job 42 using activity based costing Activity Cost Driver Direct labor hours (DLR) Engineering hours (EH) Machine hours (M) Activity Usage Job 31 Job 42 280 56e 34 ce 55 60 Complete this question by entering your answers in the tabs below. Required 2 Required 1 Required Required 4 Compute a single plantwide overhead rate assuming the company locates overhead cost based on 13,000 direct labor hours. Numerator Denominator Required 1 Required 2 Required 3 Required Job 31 used 320 direct labor hours and Job 42 used 680 direct labor hours. Allocate overhead cost to each job using the single plantwide overhead rate from part 1. Plantwide Overhead Rate Direct Labor Hours per Unte Overhead Allocated Job 31 Job 42 Required 1 Required 2 Required 3 Required 4 Compute an activity rate for each activity using activity-based costing. (Round "Activity Rate" to 2 decimal places:) Activity Budgeted Cost Budgeted Activity Usage Activity Rute Assembly Product design Electricity Setup Required 1 Required 2 Required Required 4 Allocate overhead costs to Job 31 and Job 42 using activity-based costing. (Round "Activity Rato" to 2 decimat place.) Allocate overhead to Job 31 Activity Activity Usage Activity Rate Allocated Cost Assembly Product design Electricity Setup Allocate overhead to Job 42 Activity Usage Activity Rate Allocated cost Activity Assembly Product design Electricity Setup Total