Exercise 4-6 (Algo) Computing departmental overhead rates LO P2 Hydro Sports budgets overhead cost of $826,000 for the year, of this amount, $490,000 is traceable to the Assembly department and $336.000 is traceable to the Finishing department. The company manufactures two types of jet skis; standard and deluxe. Budgeted direct labor hours for the standard model are 6 in Assembly and 1 in Finishing. Budgeted direct labor hours for the deluxe model are 8 in Assembly and 2 in Finishing. The company budgets production of 280 units of the standard model and 280 units of the deluxe model for the year. 1. Compute each department's total number of budgeted direct labor hours for the yeat 2. Compute departmental overhead rates for each department using direct labor hours for that department. 3. Compute overhead cost per unit for each model using departmental overhead rates. Actual direct labor hours for the standard model are 6 in Assembly and 1 in Finishing. Actual direct labor hours for the deluxe model are 8 in Assembly and 2 in Finishing Complete this question by entering your answers in the tabs below. Compute departmental overhead rates for each department using direct labor hours for that department. Exercise 4-6 (Algo) Computing departmental overhead rates LO P2 Hydro Sports budgets overhead cost of $826,000 for the year, of this amount $490,000 is traceable to the Assembly department and $336.000 is traceable to the Finishing department. The company manufactures two types of jet skis standard and deluxe. Budgeted direct labor hours for the standard model are 6 in Assembly and 1 in Finishing. Budgefed direct labor hours for the deluxe model are 8 in Assembly and 2 in Finishing. The company budgets production of 280 units of the standard model and 280 units of the deluxe model for the yeat. 1. Compute each department's totai number of budgeted direct labor hours for the year 2 Compute departmental overhead rates for each department using direct labor hours for that department. 3. Compute overhead cost per unit for each model using departmental overhead rates. Actual direct labor hours for the standard model ate 6 in Assembly and 1 in Finishing. Actual direct labor hours for the deluxe model are 8 in Assembly and 2 in Finishing. Complete this question by entering your answers in the tabs below. Compute overhead cosit per unit for each model using departmental overhead rates. Actual direct labor hours for the standard model are 6 in Assembly and 1 in Finishing. Actual direct labor hours for the deluxe model are 8 in Assembly and 2 in Finishing. Exercise 4-6 (Algo) Computing departmental overhead rates LO P2 Hydro Sports budgets overhead cost of $826,000 for the year, of this amount, $490,000 is traceable to the Assembly department and $336,000 is traceable to the Finishing department. The company manufactures two types of jet skis: standard and deluxe Budgeted direct labor hours for the standard model are 6 in Assembly and 1 in Finishing. Budgeted direct labor hours for the deluxe model are 8 in Assembly and 2 in Finishing. The company budgets production of 280 units of the standard model and 280 units of the deluxe model for the year 1. Compute each department's total number of budgeted direct labor hours for the yeat 2. Compute departmental overhead rates for each department using direct labor hours for that department 3. Compute overhead cost per unit for each model using departmental overhead rates. Actual direct labor hours for the standard model are 6 in Assembly and 1 in Finishing. Actual direct labor hours for the deluxe model are 8 in Assembly and 2 in Finishing Answer is not complete. Complete this question by entering your answers in the tabs below. Compute each department's total number of budgeted direct labor hours for the year