Score: 0 4 of 1 pt 3 of 4 (3 complete) HW Score: 44.44%, 1.18 of BE4-25 (book/static) Question Help The Lulu Company uses a normal job-costing system at its Minneapolis plant. The plant has a machining department and an assembly department. Its job-costing system has two dred-cost categories (direct materials and direct manufacturing labor and wo manufacturing overhead cost pools (the machining department whead allocated to jobs based on actual machine hours, and the assembly department overhead allocated to be based on actual direct manufacturing labor costs) The 2020 budget for the plant is as follows In the kto view the budget data) Read the time www manufacturing Machining Assembly B C A indirect Cost Pool B Machining Department Manut, Overhead Assembly Department Manul Owehead Cost Allocation Base D } E Machine Hours F Direct Manufacturing Labor Com } G } o Cost Product Hinc Costs It Costs & Dond Costs K Duct Me Dract Manufacturing } Enter the formulate the budgeted manufacturing overhead and cool locations to solve for the budgeted manufacturing ved rate for each department (Enter the percentage results percentage Antreviations du manufacturinoMed manufacturing Hadsted and bugeted collection base Budgeted match date Am in the incut the CICR Answer costings ing labor s based on i Data Table - X ng system has two Etual machine-hou data DUH Manufacturing overhead Direct manufacturing labor costs Direct manufacturing labor-hours Machine-hours Machining Department Assembly Department S 1.800.000 $ 4,000,000 $ 1.400,000 $ 2.000.000 180,000 250.000 50,000 250.000 Print Done * Requirements 1. Identify the components of the overview diagram of Lulu's job costing system Compute the budgeted manufacturing overhead rate for each department 2. During February, the job-cost record for Job 494 contained the following Machining Department Assembly Department Direct materials used S 45,000 $ 74.000 Direct manufacturing labor costs S 19.000 $ 20.000 Direct manufacturing labor-hours 1.400 1.800 Machine hours 2,100 1,100 Compute the total manufacturing overhead costs allocated to Job 494 3. At the end of 2020, the actual manufacturing overhead costs were 52.000.000 in machining and $4,100,000 in assembly Assume that 54.000 actual machine hours were used in machining and that actual direct manufacturing labor costs in assembly were $2.300.000. Compute the over- or underallocated manufacturing overhead for each department the budgeted ations used mai Durco mul overhead Print Done hter any number in the input Tields and then ICR Check Answer Clear All