The accountants of Meridian Production Company, a company that makes television commercials, made the following estimates for a year:

a. Compute the overhead allocation rates for each department using direct labor hours as a basis.
b. Management wants to know how much the Toyota commercial job cost. The following table shows the materials and labor costs; you will have to add the overhead costs using direct labor hours as the allocationbase. :

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Filming DepartmentDepartment Printing Department Editing Estimated Overhead Estimated Direct Labor Time $66,000 $100,000 $120,000 5, 500 Hours 6,250 Hours 6,000 Hours Toyota Commecial Printing Department $160 $400 Filming Editing Direct Material Cost Direct Labor Cost Direct Labor Time DepartmentDepartmnt $1,200 $3,000 $4,000 250 Hours 400 Hours 38 Hours