saved Exercise 17-3 (Algo) Computing plantwide overhead rate LO P1 Dade Metals manufactures patio furniture. The company budgets overhead cost of $375,000 for the year. It also budgets 15,000 machine hours and 5,000 direct labor hours. 1. Compute the plantwide overhead rate, assuming the company allocates overhead based on (a) machine hours and (b) direct labor hours. 2a. Job 121 uses 180 machine hours and 60 direct labor hours. Allocate overhead to Job 121 assuming overhead is allocated based on machine hours. 2b. Job 121 uses 180 machine hours and 60 direct labor hours. Allocate overhead to Job 121 assuming overhead is allocated based on direct labor hours. Complete this question by entering your answers in the tabs below. Required 11 Required 2A Required 28 Compute the plantwide overhead rate, assuming the company allocates overhead based on (a) machine hours and (b) direct labor hours. a. Plantwide overhead rate per machine hour b. Plantwide overhead rate per direct labor hour Required 1 Required 2A > Hel