Problem2 The Mahoney Company has two producing departments: assembly and finishing. The company has been using a plantwide predetermined overhead rate based on direct labor hours. The following estimates were made for the current year Assembly Einishing Total Direct labor hours Machine hours Manufacturing Overhead$200,000 $100,000 $300,000 40,000 35,000 75,000 5,000 16,000 21,000 Mahoney started and completed Job 1512 during the year. The following: job-order cost sheet indicated the $18,000 16,000 Materials Requisitioned Direct labor cost Direct labor hours: 1,700 Hours 1,300 Hours Assembly Finishing Machine Hours Assembly Finishing 1,000 Hours 700 Hours A total of 2,000 units were produced on Job 1512. Required: 1. Assume that Mahoney uses a plantwide predetermined overhead based on direct labor hours. Calculate the total cost and the unit cost for each of the 2,000 units produced by Job 1512 2. Assume that Mahoney uses separate departmental overhead rates based upon direct labor hours for assembly and machine hours for finishing. Calculate the total cost and the unit cost for each of the 2,000 units produced by Job 1512