1 3 pts A company is more likely to use a job order costing system if it uses a periodic inventory system. Oit manufactures a large volume of similar products. it manufactures products with unique characteristics, O its production is continuous. Question 2 7 pts Marquez Company estimates that annual manufacturing overhead costs will be $850,860. Estimated annual operating activity bases are direct labor cost $489,000, direct labor hours 48,900, and machine hours 97,800. Compute the predetermined overhead rate for each activity base. Round answers to 2 decimal places, e.g. 10.50% or 10.50. Responses Overhead Rate per Direct Labor Cost (Hint: Calculate the overhead rate and % convert it to % by multiplying the result by 100.) Overhead Rate per Direct Labor Hour Question 2 7 pts Marquez Company estimates that annual manufacturing overhead costs will be $850,860. Estimated annual operating activity bases are direct labor cost $489,000, direct labor hours 48,900, and machine hours 97,800. Compute the predetermined overhead rate for each activity base. Round answers to 2 decimal places, e.g. 10.50% or 10.50. Responses Overhead Rate per Direct Labor Cost (Hint: Calculate the overhead rate and convert it to % by multiplying the result by 100.) % do $ Overhead Rate per Direct Labor Hour direct labor hour $ Overhead Rate per Machine Hour machine hour