Bonita Artworks creates hand-painted picture frames. The frames are cast from resin in an automated process. Once the casting is done, talented artisans hand-paint one of fifteen designs on each frame. In the final assembly process, a worker inserts the glass pane and attaches the backing to the frame. Bonita's budget for the current year, along with the production requirements for two of the frames it produces are as follows: Casting Department Painting 48,000 Direct labor hours Machine hours Manufacturing overhead cost Assembly 12.000 2.000 $52.800 18,000 $176.400 $288.000 Seasons of Fun Frame Casting Direct labor hours Machine hours Department Painting Assembly 1 0.25 0.50 1.50 Birth Announcement Frame Casting Direct labor hours Machine hours Department Painting Assembly 1.50 0.50 0.20 0.80 al Your answer is correct. Assume that Bonita Artworks uses a single predetermined overhead application rate based on direct labor hours Calculate the rate for the current year. (Round overhead rate to 2 decimal places, s. 354) Predetermined overhead rate $ 3.62 direct labor hour e Textbook and Media Attempts: 1 of 3 used (b) Using the rate you calculated in part (a) and the production requirements given, calculate the amount of overhead applied to a Seasons of Fun frame and a Birth Announcement from (Round overhead rates to 2 decimal places, 3.54) Seasons of Fun Birth Announcement Overhead per frames