E122 L073 Predelermlned plantwide overhead rate: priming rm The following annual data relate to Facsimile Printing Pty Ltd: Budgeted machine hours 15 000 Budgeted direct labour hours 30 000 Budgeted direct labour cost $420 000 Budgeted manufacmring overhead $546 000 During the month of June the rm worked on three productsbusiness cards. wedding invitations and promotion yersusing the following inputs: Business cards Wedding Invitations Promotion flyers Actual machine hours 600 300 200 Actual direct labour hours 300 600 400 Actual manufacturing overhead costs for June were $51 000 and the actual direct labour rate was $22.50 per hour. Required: Assume that the rm uses machine hours as its overhead cost driver: 1. Calculate the firm's predetermined plantwide overhead rate. 2. Estimate the overhead costs of each of the three products. 3. Compare the actual overhead cost to the amount of overhead applied to the three products in June