more Machining reports the following budgeted overhead cost and related Budget tivity sembly oduct design ectricity tup tal Budgeted Cost $ 555,750 85,500 28,500 71,250 $ 741,000 Activity Cost Driver Direct labor hours (DLH) Engineering hours (EH) Machine hours (MH) Setups uired: mpute a single plantwide overhead rate assuming the company allocates ove TS ob 31 used 320 direct labor hours and Job 42 used 680 direct labor hours. Alla le plantwide overhead rate from part 1. Compute an activity rate for each activity using activity-based costing. llocate overhead costs to Job 31 and Job 42 using activity-based costing. Activity Cost Driver irect labor hours (DLH) ngineering hours (EH) achine hours (MH) -etups Activity Usage Job 31 Job 42 320 680 43 49 56 58 6 8 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 more Machining reports the following budgeted overhead cost and related Budget tivity sembly oduct design ectricity tup tal Budgeted Cost $ 555,750 85,500 28,500 71,250 $ 741,000 Activity Cost Driver Direct labor hours (DLH) Engineering hours (EH) Machine hours (MH) Setups uired: mpute a single plantwide overhead rate assuming the company allocates ove TS ob 31 used 320 direct labor hours and Job 42 used 680 direct labor hours. Alla le plantwide overhead rate from part 1. Compute an activity rate for each activity using activity-based costing. llocate overhead costs to Job 31 and Job 42 using activity-based costing. Activity Cost Driver irect labor hours (DLH) ngineering hours (EH) achine hours (MH) -etups Activity Usage Job 31 Job 42 320 680 43 49 56 58 6 8 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4