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5 Calculator Print Item Direct Method, Reciprocal Method, Overhead Rates Macalister Corporation is developing departmental overhead rates based on direct labor hours for its two production departments-Molding and Assembly. The Molding Department employs 25 people, and the Assembly Department employ people. Each person in these two departments works 1,830 hours per year. The production-related overhead costs for the Molding Department are budgeted at $247,000, and the Assembly Department costs are budgeted at $88,000. TWO departments Engineering and General Factory-directly support the two production departments and have budgeted costs of $244,000 and $360,000, respectively. The production departments' overhead rates cannot be determined until th support departments costs are properly allocated. The following schedule reflects the use of the Engineering Departments and General Factory Department's output by the various departments Engineering General Factory Molding Assembly Engineering hours 2,500 2,300 7,700 Square feet 136,500 435,500 78,000 For all requirements, round allocation ratios to four significant digits and round allocated costs to the nearest dollar Required: 1. Calculate the overhead rates per direct labor hour for the Molding Department and the Assembly Department using the direct allocation method to charge the production departments for support department costs. Round final answers to the nearest cent. Overhead rate per DLH Molding Assembly 2. Calculate the overhead rates per direct labor hour for the Molding Department and the Assembly Department using the reciprocal method to charge support department costs to each other and to the production departments. Round final answers to the nearest cent. Round your intermediate calculations to four decimal places. Overhead rate per DLH Molding Assembly 5 Calculator Print Item Direct Method, Reciprocal Method, Overhead Rates Macalister Corporation is developing departmental overhead rates based on direct labor hours for its two production departments-Molding and Assembly. The Molding Department employs 25 people, and the Assembly Department employ people. Each person in these two departments works 1,830 hours per year. The production-related overhead costs for the Molding Department are budgeted at $247,000, and the Assembly Department costs are budgeted at $88,000. TWO departments Engineering and General Factory-directly support the two production departments and have budgeted costs of $244,000 and $360,000, respectively. The production departments' overhead rates cannot be determined until th support departments costs are properly allocated. The following schedule reflects the use of the Engineering Departments and General Factory Department's output by the various departments Engineering General Factory Molding Assembly Engineering hours 2,500 2,300 7,700 Square feet 136,500 435,500 78,000 For all requirements, round allocation ratios to four significant digits and round allocated costs to the nearest dollar Required: 1. Calculate the overhead rates per direct labor hour for the Molding Department and the Assembly Department using the direct allocation method to charge the production departments for support department costs. Round final answers to the nearest cent. Overhead rate per DLH Molding Assembly 2. Calculate the overhead rates per direct labor hour for the Molding Department and the Assembly Department using the reciprocal method to charge support department costs to each other and to the production departments. Round final answers to the nearest cent. Round your intermediate calculations to four decimal places. Overhead rate per DLH Molding Assembly

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