1). 1) Lueckenhoff Corporation uses predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $497,000, variable manufacturing overhead of $2.40 per direct labor-hour, and 70,000 direct labor-hours. The company has provided the following data concerning Job T498 which was recently completed: a job-order costing system with a single plantwide Number of units in the jot Total direct labor-hours 40 80 $950 Direct materials Direct labor cost $ 2,720 The amount ofoverhead applied to Job T498 is closest to: A) $952 B) $192 C) $760 D) $568 2) In a job-order costing system that is based on machine-hours, which ofthe following 2). formulas is correct? A) Predetermined overhead rate Actual manufacturing overhead+ Actual machine-hours B) Predetermined overhead rate Estimated manufacturing overhead Actual machine-hours C) Predetermined overhead rate- Estimated manufacturing overhead 7 Estimated machine-hours D) Predetermined overhead rate Actual manufacturing overhead X Estimated machine-hours