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The Bennett Company uses a job-costing system at its Dover, Delaware, plant. The plant has a machining department and a finishing department. Bennett uses normal

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The Bennett Company uses a job-costing system at its Dover, Delaware, plant. The plant has a machining department and a finishing department. Bennett uses normal costing with two direct-cost categories (direct mterials and drect manufacturing labor) and two manufacturing overhead cost pools (the machining department with machine-hours as the allocation base and the finishing department with direct manufacturing labor costs as the allocation base) The 2017 budget for the plant is as follows (Click the icon to view the 2017 budget) tha Read the tequirements Requirement 1. Identity the components of the overview diagram of Bennets job-costing system (Abbreviations used Manuf Manufacuring) Cou A Indirect Cost Pool } C A B B Machining Department Manuf Overhead Exa C Finishing Department Manuf Overhead D Cest Allocabon Base E Machine-Hours in Machining Department Exar E Direct Manufacturing Labor Cost F Chai G Cost Object Job Chal G Indirect Costs H Dwect Costs Cha 1 Drect Costs Data Table furin Finishing Department Machining Department $ 8,405,000 10,530,000 $ Manufacturing overhead costs S 4,100,000 940,000 Direct manufacturing labor costs 175,000 34,000 Direct manufacturing labor-hours 34,000 195,000 Machine-hours Done Print Requirement 2. What is the budgeted manufacturing overhead rate in the machining department? In the finishing department? Budgeted overhead rate Machining Finishing

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