QS 17-14 (Algo) Activity-based costing and overhead cost allocation LO P3 Mia Company uses activity-based costing and reports the following for this year. Activity Budgeted Cost Activity Cost Driver Budgeted Activity Usage Cutting $ 33,600 Machine hours (MH) 4,890 machine hours Assembly 88,000 Direct labor hours (DLH) 8,800 direct labor hours Total $ 121,600 (a) Compute an activity rate for each activity using activity-based costing (b) Allocate overhead costs to a job that uses 34 machine hours and 29 direct labor hours. Complete this question by entering your answers in the tabs below. Required A Required B Compute an activity rate for each activity using activity-based costing. Budgeted Coat Budgeted Activity Usago Activity Rate Activity Cutting Assembly Required 3 > Complete this question by entering your answers in the tabs below. Required A Required B Allocate overhead costs to a job that uses 34 machine hours and 29 direct labor hours. Activity Rato Allocated Cost Activity Cutting Assembly Activity Usage 34 machine hours 29 direct labor hours Total