5 Ellis Company allocates overhead based on direct labor hours. It allocates overhead costs of $14,600 to two different jobs as follows: Job 1: (10 hours) = $7,300; Job 2: (10 hours) = $7,300 The production process for Job 2 was then automated. Now Job 2 requires only 2 hours of direct labor but 3 hours of mechanical processing. As a result, total overhead increases to $20,100. With the change in the production process for Job 2, the amount of overhead assigned to: 3 points 8 01:01:13 Multiple Choice eBook each product will increase. Job 1 will decrease. each product will decrease. Job 1 will increase