Problem 2-21 (Algo) Plantwide Versus Multiple Predetermined Overhead Rates [LO2-1, LO2-2] Mason Company has two manufacturing departments-Machining and Assembly. The company considers all of its manufacturing overhead costs to be fixed costs. It provided the following estimates at the beginning of the year as well as the following information with respect to Jobs A and B: Estimated Data Machining Assembly Total Manufacturing overhead $ 2,816,000 $ 256,000 $ 3,072,000 Direct labor-hours 16,000 176,000 192,000 Machine-hours 176,000 11,000 187,000 Job A Machining Assembly Total Direct labor-hours 5 10 15 Machine-hours 11 2 13 Job B Machining Assembly Total Direct labor-hours 5 9 Machine-hours 12 3 15 Required: 1. If Mason Company uses a plantwide predetermined overhead rate with direct labor- hours as the allocation base, how much manufacturing overhead cost would be applied to Job A? Job B? 2. Assume that Mason Company uses departmental predetermined overhead rates. The Machining Department is allocated based on machine-hours and the Assembly Department is allocated based on direct labor-hours. How much manufacturing overhead cost would be applied to Job A? Job B? (Round your intermediate calculations and final answers to 2 decimal places.) 1. Manufacturing overhead applied Job A 1. Manufacturing overhead applied Job B 2. Manufacturing overhead applied Job A 2. Manufacturing overhead applied Job B