1 1 point USE THE FOLLOWING INFORMATION FOR QUESTIONS 1. 2 AND 3. During 2017 XYZ Manufacturing expected to incur manufacturint overhead costs of $174,000, direct material costs of 5348,000, and direct labor costs of $300,000. Actual production required manufacturing overhead cost of $157,000, $325,000 in direct materials used, and $307,020 in direct labor. The following information was available for the year ended December 2017 Item Estimated Overbond Actual Overhead Estimated Direct Materials Actual Direct Materials Purchases of Raw Materials Estimated Direct Labor Hours Actual Direct Lake Hours Direct Labor Rate Estimated Machine Hours Actual Machine Hours Amount $174,000 $157,000 $348,000 $325,000 $320,000 15,000 hours 14,620 hours $21.00 per hour 20,000 hours 22,000 hours What is the companywido predetermined overhead rato (POHR) ir Direct Labor Hlour is selected as the basis for application? Type your answer 2 I point Assume the company's predetermined overhead rate (POHR) is $20 per Direct Labor Hour (instead of your answer for 1) What is the amount of applied manufacturing overhead. Type your answer 3 1 point What is the companywide predetermined overhead rate (POHR) if Machine Hours is selected as the basis for application? Type your