Amberjack Company is trying to decide on an allocation base to use to assign manufacturing overhead to jobs. The company has always used direct labor hours to assign manufacturing overhead to products, but it is trying to decide whether it should use a different allocation base such as direct labor dollars or machine hours Actuat and estimated data for manufacturing overhead, direct labor cost, direct labor hours, and machine hours for the most recent fiscal year are summarized here: Required: 1. Based on the company's current allocation base (dinct labor hoursh compute the following a. Predetermined overhead rate. Note: Round your answer to 2 decimel places. b. Applied manufacturing overhead Note: Pound your intermediate calculations to 2 decimal places and final answer to the nearest whole dellar amount. c. Over-or underapplied manutacturing overhead Note: Round your intermediate calculetions to 2 decimal places and finel onswer to the nearest whole dollar amount. 2. If the company had used diect labor dollars (instead of direct labor hours) as its allocation base, compute the following: a. Predetermined overhead rate. Note: Round your answer to 2 decimel pleces, 1.e. 3.63%. b. Applied manufacturing ovemead Note: Round your intermedinte calculations to 2 decimal ploces and finel answer to the nearest whole dolior amount. c. Over-or underapplied manufacturing overnead. Note: Round your intermediate calculations to 2 decimal places and final answer to the nearest whole doller amount. c. Over-or underapplied manufacturing overhead. Note: Round your intermediate calculations to 2 decimal places and final answer to the neorest whole dollar amount. 3. If the company had used machine hours (instead of direct labor hours) as its allocation base, compute the following: a. Predetermined overhead rate. Note: Round your answer to 2 decimal ploces. b. Applied manufacturing overhead. Note: Round your intermediate calculations to 2 decimal places and finat answer to the nearest whole dollar amount. c. Over- or underapplied manufacturing overhead. Note: Round your Intermedlate calculations to 2 decimal places and final answer to the nearest whole dollar amount. 4. Based on last year's data alone, which allocation bose would have provided the most accurate measure for applying manufacturing overhead costs to production