CTL Co. uses a job costing system and allocates overhead using an estimated overhead alocation rate bezd on direct aber househormatan tera jutor job is as follows: Estimated Actual Manufacturing overhead $64.000 $60.000 Direct labor hours 16,000 20,000 The estimated overhead allocation rate for the job will be a 54 06.56 C 53 Ws bao llw/ Jail d. 55