42 0.38 pts Simmons Inc. applies overhead to production at a predetermined rate of 90% based on direct labor cost. Job No. 250, the only job still in process at the end of August, has been charged with manufacturing overhead of $3,600. What was the amount of direct materials charged to Job 250 assuming the balance in Work in Process inventory is $15,000? $3,750. $4,000. $7,400. O $15,000. Question 56 0.38 pts At the beginning of the year, Monroe Company estimates annual overhead costs to be $1,200,000 and that 300,000 machine hours will be operated. Using machine hours as a base, the amount of overhead applied during the year if actual machine hours for the year was 315,000 hours is $1,200,000. O $1,142,857. $840,000. O $1,260,000