Pentucket Computer Company uses a job order costing system in which each batch manufactured is a different job. Pentucket Computer Company assigns direct materials and direct labor to each job. The company assigns labor costs at $24 per hour. It allocates manufacturing overhead to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs. At the beginning of 2024, the controller prepared the following budget EF (Click the icon to view the budget.) In November 2024, Pentucket Computer Company worked on several jobs. Records for two jobs appear here: EE! Click the icon to view the records for the two Jobs.) Data Table Read the requirements Requirement 1. Compute Pentucket Computer Company's predetermined overhead (OH) allocation rate for 2024 $ Predetermined OH allocation rate Manufacturing overhead Direct labor costs 405 000 900.000 S Requirement 2. Compute the total cost of each job hoata i Data Table Job 721 Job 722 Direct labor hours Direct materials Job 721 Job 722 850 hours 70 hours S 21,500 $ 2.100 Choose from any list or enter any number in the input fields and then continue to the next question (Click the icon to view the budget.) November 2024, Pentucket Computer Company worked on several jobs. Records for two jobs appear here: (Click the icon to view the records for the two jobs.) ead the requirements. SYUTI CUCNICA. Computt WIE COTLUSU Can jou Job 721 Job 722 Total cost Requirement 3. Why does Pentucket assign costs to jobs? Pentucket Computer Company assigns costs to jobs to help the company that cover all costs and contribute to profit. Assigning costs to also can help Pentucket increase labor hours Choose from any list or enter any number in the input fields and then c lower employee wages set sales prices Read the requirements requirCiTICULE Compact Me tular COLUI CACIJO Job 721 Job 722 Total cost Requirement 3. Why does Pentucket assign costs to jobs? that cover all costs and contribute to profit. Assigning costs to also can help Pentucket Pentucket Computer Company assigns costs to jobs to help the company a grouping of jobs individual jobs Choose from any list or enter any number in the input fields and then continue to the next question Job 721 Job 722 Total cost Requirement 3. Why does Pentucket assign costs to jobs? Pentucket Computer Company assigns costs to jobs to help the company C control costs :r any number in the input fields and then continu increase revenues