X Bb Welcome, ABIGAIL - Blackboar x Question 7 - Chapte onny X (1936) KITCHEN UPDATE & TO X Netflix to.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.co ouTube Maps Bb Announcements -... signment i Saved Craftmore Machining reports the following budgeted overhead cost and related data for this year. Activity Budgeted Cost Activity Cost Driver Budgeted Activity Usage Assembly $ 575, 250 Direct labor hours (DLH) 13, 000 Product design 88 , 500 Engineering hours (EH) 1 , 500 Electricity 29, 500 Machine hours (MH) 11, 800 Setup 73, 750 Setups 590 Total $ 767, 000 Required: 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 13,000 direct labor hours. 2. Job 31 used 320 direct labor hours and Job 42 used 680 direct labor hours. Allocate overhead cost to each job using the single plantwide overhead rate from part 1. 3. Compute an activity rate for each activity using activity-based costing. 4. Allocate overhead costs to Job 31 and Job 42 using activity-based costing. Activity Usage Activity Cost Driver Job 31 Job 42 Direct labor hours (DLH) 320 680 Engineering hours (EH) 51 Machine hours (MH) 60 60 Setups 8 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 13,000 direct labor hours. Numerator Denominator