Please help me understand where I went wrong, Thumbs up rating if correct!

1 10 points "This is really an odd situation," said Jim Carter, general manager of Highland Publishing Company. We get most of the jobs we bid on that require a lot of press time in the Printing Department, yet profits on those jobs are never as high as they ought to be. On the other hand, we lose most of the jobs we bid on that require a lot of time in the Binding Department. I would be inclined to think that the problem is with our overhead rates, but we're already computing separate overhead rates for each department. So what else could be wrong?" Highland Publishing Company is a large organization that offers a variety of printing and binding work. The Printing and Binding departments are supported by three service departments. The costs of these service departments are allocated to other departments In the order listed below. The Personnel cost is allocated based on number of employees. The custodial Services cost is allocated based on square feet of space occupled and the Maintenance cost is allocated based on machine-hours. Total Labor- Square Feet of Number of Machine- Direct Labor- Department Hours Space Occupied Employees Hours Personnel 16,500 12,180 Custodial Services 8,280 3.ee Maintenance 14,689 18,480 Printing 32,689 40,988 164,880 11, een Binding 101,080 20,300 47,880 78,000 179,900 86,700 211,080 89,888 Hours 26 49 64 183 383 545 Budgeted overhead costs in each department for the current year are shown below. Personnel Custodial Services Maintenance Printing Binding Total budgeted cost $ 310, eee 65,eee 93,100 413,eee 169.00 $ 1,050, 100 Because of its simplicity, the company has always used the direct method to allocate service department costs to the two operating departments. Required: 1. Using the step-down method, allocate the service department costs to the consuming departments. Then compute predetermined overhead rates in the two operating departments. Use machine-hours as the allocation base in the Printing Department and direct labor-hours as the allocation base in the Binding Department 2. Repeat (1) above, this time using the direct method. Again compute predetermined overhead rates in the Printing and Binding departments. 3. Assume that during the current year the company bids on a job that requires machine and labor time as follows: Printing Department Binding Department Total hour's Machine-Hours 2,9ee 780 3.600 Direct Labor- Hours 1,300 14.ee 15,3ee a. Determine the amount of overhead cost that would be assigned to the job if the company used the overhead rates developed in (1) above. Then determine the amount of overhead cost that would be assigned to the job if the company used the overhead rates developed in (2) above Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Req 3A Using the step-down method, allocate the service department costs to the consuming departments. Then compute predetermined overhead rates in the two operating departments. Use machine-hours as the allocation base in the Printing Department and direct labor- hours as the allocation base in the Binding Department. (Please enter allocations from a department as negative and allocations to a department as positive. The line should add across to zero. Do not round intermediate calculations. Round "Predetermined overhead rate" to 2 decimal places and rest of the answers to the nearest whole dollar amount.) Show less Personnel Maintenance Custodial Services 65,000 Printing S 413,000 Binding $ 169,000 $ 310,000 S 93,100 Departmental costs before allocations Allocations: Personnel costs Custodial services costs Maintenance costs Total costs after allocations Predetermined overhead rate (310,000) 0 0 0 27,871 & (92.871) 0 0 36,403 & 13,489 (142,992) 0 $ 58,587 53,051 111,142 635,780 3.88 $ 172,349 28,331 X 31,852 X 399,532 5.12 Req1 Req 2 > Answer is complete but not entirely correct. Complete this question by entering your answ nswers in the tabs below. Reg 1 Reg 2 Req 3A Repeat requirement 1 above, this time using the direct method. Again compute predetermined overhead rates in the Printing and Binding departments. (Please enter allocations from a department as negative and allocations to a department as positive. The line should add across to zero. Do not round intermediate calculations. Round "Predetermined overhead rate" to 2 decimal places and rest of the answers to the nearest whole dollar amount.) Show less Personnel $ 310,000 Custodial Services S 65,000 Maintenance S 93,100 Printing S 413,000 Binding $ 169,000 Departmental costs before allocations Allocations: Personnel costs Custodial services costs Maintenance costs Total costs after allocations Predetermined overhead rate (310,000) 0 0 0 0 (65,000) 0 0 (93,100) 0 78,645 43,440 72,382 607,447 3.70$ 231,355 21,560 20,738 442,653 5.68 0 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Req 3A Determine the amount of overhead cost that would be assigned to the job if the company used the overhead rates developed in requirement 1 above. Then determine the amount of overhead cost that would be assigned to the job if the company used the overhead rates developed in requirement 2. (Round your intermediate calculations to 2 decimal places and final answers to the nearest whole dollar amount.) Show less Total Overhead Cost 79,852 S 87,229 X Step-down method Direct method