17 (1 point) Saved Calculate the Total estimated manufacturing overhead costs from the following: Predetermined Manufacturing overhead rate $16/ direct labour hour, Total estimated Direct labour hours 62500. Question 17 options: $1000000 $3906.25 $5000 Question 18 (1 point) The amount of manufacturing overhead allocated to job is more than the amount of manufacturing overhead costs actually incurred. Question 18 options: Over-allocated Manufacturing Overhead Under-allocated Manufacturing Overhead Undercosted Question 19 (1 point) Management also uses product cost information to bid for _______ orders. Question 19 options: Identically similar None Custom Question 20 (1 point) Assume Shaw Group's managers had chosen direct labour cost as its MOH allocation base, rather than direct labour hours and total estimated manufacturing overhead costs $1000000. Furthermore, assume management estimated direct labour would cost $1,200,000 for the year. Assuming direct labour cost as the allocation base, calculate the company's predetermined MOH rate. Question 20 options: 12% 70% 83.33%