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 5 36,400 Machine hours (MH) 5,200 machine hours Assembly 92,000 Direct labor hours (OLI) 9,200 direct labor hours Total $ 128,400 (0) Compute an activity rate for each activity using activity-based costing (b) Allocate overhead costs to a job that uses 36 machine hours and 31 direct labor hours. Complete this question by entering your answers in the tabs below. Required A Required B ces Compute an activity rate for each activity using activity-based costing, Activity Budgeted Cost Budgeted Activity Usage Cutting Assembly Activity Rate 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 Oriver Cutting $ 36,400 Machine hours (MH) Assembly 92,000 Direct labor hours (DLH) Total $ 128,400 Budgeted Activity Usage 5,200 machine hours 9,200 direct labor hours (6) Compute an activity rate for each activity using activity-based costing (b) Allocate overhead costs to a job that uses 36 machine hours and 31 direct labor hours. Complete this question by entering your answers in the tabs below. Required A Required B Allocate overhead costs to a job that uses 36 machine hours and 31 direct labor hours. Activity Activity Usage Activity Rate Cutting 36 machine hours Assembly 31 direct labor hours Total Allocated Cost