the astembly deplutment dverthead, allocated to jobs based on actual direct mandacturing labor costs). The 2026 budget for the plart is as follews. III (Click the icon to vew the budpet data, ) Fesad the feguiremints Data table Requirements 1. Identify the components of the overview diagram of Lawrence'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: Compute the total manuracturing overnead costs allocated to voD 4y4. 3. At the end of 2020 , the actual manufacturing overhead costs were $2,000,000 in machining and $4,100,000 in assembly. Assume that 66,000 actual machine-hours were used in machining and that actual direct manufacturing labor costs in assembly were $2,100,000. Compute the over- or underallocated manufacturing overhead for each department. the astembly deplutment dverthead, allocated to jobs based on actual direct mandacturing labor costs). The 2026 budget for the plart is as follews. III (Click the icon to vew the budpet data, ) Fesad the feguiremints Data table Requirements 1. Identify the components of the overview diagram of Lawrence'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: Compute the total manuracturing overnead costs allocated to voD 4y4. 3. At the end of 2020 , the actual manufacturing overhead costs were $2,000,000 in machining and $4,100,000 in assembly. Assume that 66,000 actual machine-hours were used in machining and that actual direct manufacturing labor costs in assembly were $2,100,000. Compute the over- or underallocated manufacturing overhead for each department