QS 17-14 (Algo) Activity-based costing and overhead cost allocation LO P3 Mia Company uses activity-based costing and reports the following for this year. Activity Cutting Assembly Budgeted Cost $ 21,000 70,000 Activity Cost Driver Machine hours (MH) Direct labor hours (DLH) Total $ 91,000 (a) Compute an activity rate for each activity using activity-based costing. (b) Allocate overhead costs to a job that uses 25 machine hours and 20 direct labor hours. Complete this question by entering your answers in the tabs below. Required A Required B Compute an activity rate for each activity using activity-based costing. Activity Cutting Assembly Budgeted Cost Budgeted Activity Usage < Required A Required B > Budgeted Activity Usage 3,000 machine hours 7,000 direct labor hours. Activity Rate