0 Banks, Inc. uses a traditional predetermined overhead rate system to allocate overhead to its jobs using machine hours. Its total estimated overhead costs are $975,000. Esimated machine hours are expected to be 50,000 hours and estimated direct labor hours are expected to be 100,000 hours. Actual machine hours were 45,000 hours and actual direct labor hours were 92,000? Assume Job #101 incurred Direct materials cost of $32,000 and Direct labor costs of $46,400. Actual direct labor hours were 5,800 and actual machine hours were 2,400. What is the total product cost for Job #101? TIP: Please round any intermediary calculations to 2 decimal places. O A. $101,800 B. $975,900 O c. $134,950 OD. $125,200 Custom Woods manufactures jewelry boxes. It uses a traditional predetermined overhead rate system to allocate overhead to its jobs using direct labor hours. Its total estimated overhead costs are $253,200 which include the following: Plant supervisor's salary $59,000 Indirect materials $25,000 Plant utilities $64,000 Repairs to equipment $18,000 Depreciation on plant and equipment $87,200 Esimated machine hours are expected to be 28,960 hours and estimated direct labor hours are expected to be 42,200 hours. What would be the total amount of allocated overhead if actual machine hours are 32,800 hours and actual direct labor hours are 38,600? TIP: Please round any intermediary calculations to 2 decimal places. O A. $231,600 OB. $286,672 O c. $232,758 OD. $253,200 Click to select your