Problem 2 - Overhead Allocation (24 points) Della Lishus owns and operates Della Lishus Cakes, Inc. Della Lishus Cakes makes specialty cakes for Weddings and Birthdays. Her business has 2 departments: The Baking Department and the Decorating Department. Her budget for 2018 indicates the following: Department Activity Overhead Cost Driver Quantity Baking Measuring $20,000 # of ingredients 125 Mixing $16.000 Machine hours 2,300 $36.000 Decorating Mixing $4,400 Machine hours 2,300 Application $10.000 Direct Labor Hours 18,000 $14,400 Additional production information follows: Birthday Cakes Wedding Cakes Units produced 374 96 # of ingredients 45 80 Machine hours 1,098 1.202 Direct Labor hours 11.560 6,440 Calculate the following ovciead allocations on the next page: 1. Using the plantwide overhead rate based on Direct Labor Hours, calculate the overhead cost assigned to each birthday cake and each wedding cake, 2. Using ABC, calculate the overhead assigned to each birthday cake and each wedding cake. Round all per unit calculations to the nearest penny, round all other calculations to the nearest dollar. Problem 2 - Overhead Allocation (24 points) 3. Using the plantwide overhead rate based on Direct Labor Hours, calculate the overhead cost assigned to each birthday cake and each wedding cake. Plantwide overhead rate: per DLH Birthday Cakes Wedding Cakes 4. Using ABC, calculate the overhead assigned to each birthday cake and each wedding cake. Baking Measuring: per ingredient Mixing: per machine hour Decorating Mixing: per machine hour Application: per direct labor hr Birthday Cakes Wedding Cakes Baking Department: Measuring Mixing: Decorating Department: Mixing Application: Total Overhead + units ho Overhead per unit