05 17-14 (Algo) Activity-based costing and overhead cost allocation LO P3 Mia Company uses activitybased costing and reports the following for this year. Activity Budgeted Cost Activity Cost Driver Budgeted Activity Usage Cutting $ 25,236 Machine hours (MHJ 3,563 machine hours Mssemhl},r TEJBBB Direct labor hours {DLHJ 7",668 direct labor hours Total $ 191:3\" to} Compute an activity rate for each activity using activitybased costing. tb} Allocate overhead costs to a job that uses 28 machine hours and 23 direct labor hours. Complete this question by entering your answers in the labs below. Required A Required B Compute an activity late for each activity using activity-based costing. Required B ) 05 17-14 lAIgo) Activity-based costing and overhead cost allocation LO P3 Mia Company uses activitybased costing and reports the following for this year. Activity Budgeted Cost Activity Cost Driver Budgeted Activity Usage Cutting $ 25,286 Machine hours (MHJ 3,568 machine hours Assemblyr 75,933 Direct labor hours {DLHJ LEIGH direct labor hours Total $ 101,283 to] Compute a n activity rate for each activity using activitybased costing. lb} Allocate overhead costs to a job that uses 28 machine hours and 23 direct labor hours. Complete this question by entering your answers in the labs below. Required A Required B Allocate overhead costs to a job that uses 23 machine hours and 23 direct labor hours. 3direct labor hours