The Eastern Summit Company has prepared department overhead budgets for budgeted-volume levels belore allocasions as follows: (Click the icon to view the department overhead budgets.) Management has decided that the most appropriate imenary costs are achieved b the following (Click the icon to vlew the data.) Read the Using the step-down method, allocate support-department costs. Allocale the costs a minus sign when decreasing departments by allocating costs.) Data table Requirements 1. Using the step-down method, allocase support-department cosss. Develop overhead rates per firect manufacturing labor-hour for machining and assembly. Allocate the costs of the support departments in the order given in this problem. Use the allocation base for each support department you think is most appropriase. 2. Using the direct method, rework requirement 1. 3. Based on the following intormation about two jobs, determine the total overhead costs for each job by using rates developed in (a) recuirement 1 and (b) requirement 2 . 4. The company evaluates the performance of the operaing department managers co the basis of how well they managed their total costs, including allocaled costs. As the manager of the Machining Department, which allocation method would you prefer from the results obtained in requirements 1 and 2 ? Explain. The Eastern Summit Company has prepared department overhead budgets for budgeted-volume levels before allocasions as follows: (Click the icon to view the department overhead budgets.) the following (Click the icon to view the data.) Read the Data table Using the step-down method, allocate support-department costs. Allocate the costs of the support departments in the order of a minus sign when decreasing departments by allocating costs.)