Please help 1. COST ALLOCATION and 2.compute departmental overhead rates. THANKS!

Sequential Method Jasmine Company manufactures both pesticide and liquid fertilizer, with each product manufactured in separate departments. Three support departments support the production departments: Power, General Factory, and Purchasing. Budgeted data on the five departments are as follows: Producing Departments Support Departments Liquid General Purchasing Pesticide Fertilizer Power Factory Overhead $80,000 $312,000 $169,000 $78,800 $107,400 Square feet 1,500 1,500 4,200 4,800 Machine hours 1,403 1,345 24,000 8,000 Purchase orders 20 40 120 60 The company does not break overhead into fixed and variable components. The bases for allocation are power-machine hours; general factory-square feet; and purchasing-purchase orders. The company has decided to use the sequential method of allocation instead of the direct method. The support departments are ranked in order of highest cost to lowest cost. Required: 1. Allocate the overhead costs to the producing departments using the sequential method. Carry out allocation ratios to four decimal places. Use these numbers for subsequent calculations. Round allocated costs to the nearest dollar. If an amount is zero, enter "0". Allocation ratios: General Factory Purchasing Pesticide Power Liquid Fertilizer Square feet 0.1250 0.1250 0.3500 0.4000 Machine hours 0 0.75 0.2500 Purchase orders 0.1000 0.6000 0.3000 Cost allocation: General Factory Purchasing Pesticide Power Liquid Fertilizer $169,000 $312,000 $ 80,000 Direct costs 78,800 107,400 General Factory 39,000 -312,000 39,000 109,200 124,800 50,700 X 31,200 X -130,000 X Purchasing X 101,400 20,000 X 60,000 X Power $349,400 $ 302,900| X Total $ $ 2. Using machine hours, compute departmental overhead rates. (Round the overhead rates to the nearest cent.) Overhead Rates X per machine hour Pesticide X per machine hour Liquid Fertilizer Feedback Check My Work 1. Cost allocations are performed in step-down fashion, following a predetermined ranking procedure. Starting with the top ranking department all costs are allocated to the other support and producing departments but never back to any departments above it. 2. See Cornerstone 7.4