Part 1 of 5 5 points eBook Plint References Comprehensive Problem 5 (Algo) [The following information applies to the questions displayed below. ] The Gilster Company, a machine tooling firm, has several plants' One plant, located in St' Cloud, Minnesota, uses ajob order costing system for its batch production processes, The St. Cloud plant has two departments through which mostjobs pass. Plant-wide overhead, which includes the plant manager's salary, accounting personnel, cafeteria, and human resources, is budgeted at $300,000. During the past year, actual plantwide overhead was $280,000. Each department's overhead consists primarily of depreciation and other machinere|ated expenses. Selected budgeted and actual data from the St. Cloud plant for the past year are as follows. Department Department A B Budgeted department overhead (excludes plantwide overhead) $ 120,000 $566,500 Actual department overhead 144,000 584,500 Expected total activity: Direct labor hours 60,000 20,000 Machinehours 15,000 55,000 Actual activity: Direct labor hours 61,000 19,000 Machinehours 15,700 57,000 10 points c-1. The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 25 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part a? c-2. The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 25 percent to total manufacturing eBook costs. What would be the bid for job no. 110 using the overhead rate from part b? c-3. Which of the overhead allocation methods would you recommend?Pa\" 2 Of 5 Assume the St. Cloud plant uses three separate overhead rates to assign overhead costs tojobs' b-1. Find the plant wide overhead rate by using expected machine hours. 10 b-2. Find the department overhead rate using expected machine hours for Department A and Department B. points b-3. Calculate the projected manufacturing costs per unit forjob 110 using the three separate rates computed in b-l and b2. For the coming year, the accountants at the St. Cloud plant are in the process of helping the sales force create bids for several jobs. Projected data pertaining only to job no. 110 are as follows. Part 1 of 5 Direct materials $22,500 Direct labor cost: Department A (2, 600 hr) 39, 000 5 Department B (800 hr) 10, 000 points Machine-hours projected: Department A 120 Department B 1, 200 eBook Units produced 14, 000 Print References Comprehensive Problem 5 (Algo) Part a Required: a-1. Assume the St. Cloud plant uses a single plantwide overhead rate to assign all overhead (plantwide and department) costs to jobs. Use expected total direct labor hours to compute the overhead rate. a-2. What is the expected cost per unit produced for job no. 110?points f. Would your response to part e change if the St. Cloud plant could use the facilities necessary to produce parts for job no. 110 for another job that could earn an incremental profit of $25,000? eBook