Phyllo Computer Company uses a job order costing system in which each batch manufactured a different job. Phylo Computer Company assigns direct materials and direct labor to each job. The company assigns labor costs at $23 per hour locates manufacturing overhead to jobs based on a predetermined overhead slocation rate, computed as a percentage of drect labor coets. Al the beginning of 2020. the controler prepared the following budget (Click the con to view the budget) in November 2020, Phyllo Computer Company worked on several jota. Records for two jobs appear here: Click the icon to view the records for the two) Read the Requireme Data Table Requireme Job 721 Job 122 Direct labor hours Direct materials 150 hours 22.000 5 100 hours Manufacturing everted Dear costs $ 113.000 $ 1.130.000 2.700 Pret Done Print Don Tuc Requirement 3. Why does Phys wesign costs to jo? Computer Company gets to top the comp hat over all sand cop Assigning to Choose from any int or anher any number the input feds and then set the rel Phylo Computer Company uses a job order costing system in which each batch manufactured is a different job. Phyllo Computar Company assigns direct materials and direct labor to each job. The company assigns labor costs at allocates manufacturing overhead to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs. At the beginning of 2020, the controller prepared the following budget Click the icon to view the budget) November 2020, Phylo Computer Company worked on several jobs. Records for two jobs appear here: (Click the icon to view the records for the two jobs) Read the requirements Requirement 1. Compute Phyto Computer Company's predetermined overhead (OH) alocation rate for 2020. Requirement 2. Compute the total cost of each job. Job 7211 Job 722 Requirement 3. Why does Phylo assign costs to post- Predetermined CH allocation rate Phyto Computer Company assigns tests to jobs to help the company Phat cover at costs and contribute to profit Assigning cons to Choose from any int or arter any number in the input fulds and then continue to the next