1. Oscar, Inc. uses a single plant-wide rate based on machine hours (MH) to allocate overhead costs. The firm estimated $5,000,000 of overhead and 40,000 MH during the year, but actually incurred $5,760,000 of overhead and used 45,000 MH. Q: Calculate the predetermined overhead rate. (Round answer to the nearest dollar.) 2. Berkeley Manufacturing reported the following information for the month: Advertising Costs Indirect Labor CEO's Salary Direct Labor $9,900 53,000 620,000 40,000 Indirect Materials Used 7,500 Direct Materials Used 65,000 Factory Utilities 760 Factory Janitorial Costs 1,200 Manufacturing Equipment Depreciation 3,100 Delivery Vehicle Depreciation 1,000 Administrative Wages and Salaries 24,000 Q: Calculate Berkeley's total product costs for the month.