2'3. Manufacturing Uvernead Allocation Base and Calculating the Cost of Jobs- Kimmel Company expects to incur $B,{l in manufacturing overhead costs this year. During the year it expects to use l direct labor hours at a cost of $2 and machine hours. Required: a. Prepare a predetermined overhead rate based on direct labor hours, direct labor cost, and machine hours. 1}. Why might Kimmel lCompanyr prefer to use direct labor hours or direct labor costs, rather than machine hours, to allocate manufacturing overhead? c. Using each of the predetermined overhead rates calculated in part a and the data that follows for job 1 5E, determine the cost of job 1 513. Direct materials $1350 Direct labor $360 {30 hours at $12 per hour]: + {50 hours at $10 per hour} Machine time 20 hours