12 13 14 15 16 20 QUESTION 14 Giannitti Corporation bases its predetermined overhead rate on estimated machine hours for the upcoming year. Data for the upcoming year appear below: Estimated machine-hours 36,000 Estimated variable manufacturing overhead 3.01 per machine-hour Estimated total fixed manufacturing overhead $ 458,040 The estimated manufacturing overhead for the upcoming year (rounded) is: A. $458,040 B. $566,400 C. $108,360 D. $349,680 QUESTION 15 Purves Corporation uses a predetermined overhead rate based on direct labor hours to assign overhead to jobs. At the beginning of the year, estimated total manufacturing overhead was $113,000 and estimated direct labor hours were 10,000. During the year, the company incurred actual total manufacturing overhead of $121,000 and actual direct labor hours were 10,900. The amount of manufacturing overhead applied to ucing the nredetermined overhead rate is (rounded: Save All Anse