Lori Company uses a costing system at is Mississauga plant. The plant has a Machining Department and an Assembly Department. Its job cesting system has two direct cost categories (direct materials and direct manufacturing labour) and too manufacturing overhead cost pooh (the Machining Department, alocated using actual machine hours (MH), and the Assembly Department, alocated using actual direct manufacturing labour cost) The 2019 budget for the plant is as follows (Click the icon to view the budget data) The company uses a budgeted overhead rate for allocating overhead to production orders on a machine how basies in Machining and on a direct manufacturing labour cost basis in Assembly Required -X shead costs allocated to Job 494 1. During February, the cost record for Job 494 contained the following Machining Assembly Department Department Direct malused $ 12.000 78.000 Direct manufacturing labour cost $ 11 000 $ 12.000 Direct mandacturing labour hours (OMLH) 1.000 1300 Machine-hours (MH) 2.000 1.300 Compute the total manufacturing overhead costs of Job 494 2. At the end of 2019, the actual manufacturing overhead costs were $2,300,000 in Machining and $5.500 000 in Assembly Assume that 55.000 actual machine-hours were used in Machining and that actual direct manufacturing labour costs in Assembly were 53.100.000. Compute the overallocated or underallocated manufacturing overhead for each department AL Check Answer 3