Exercise 3-23 Job-Order versus Process Costing (LO 3-1, 3-3) For each of the following companies, indicate whether job-order or process costing is more appropriate. 1. Manufacturer of swimming pool chemicals. 2. Manufacturer of custom hot tubs and spas. 3. Architectural firm. 4. Manufacturer of ceramic tile. 5. Producer of yogurt. 6. Manufacturer of custom tool sheds. 7. Manufacturer of papers clips. 8. Engineering consulting firm. 9. Manufacturer of balloons. 10. Manufacturer of custom emergency rescue vehicles. The following data pertain to the Oneida Restaurant Supply Company for the year just ended. Exercise 3-35 Predetermined Overhead Rate; Various Cost Drivers (LO 3-4) Budgeted sales revenue Actual manufacturing overhead Budgeted machine hours (based on practical capacity) Budgeted direct-labor hours (based on practical capacity) Budgeted direct-labor rate Budgeted manufacturing overhead Actual machine hours Actual direct-labor hours Actual direct-labor rate $205,000 340,000 10,000 20,000 $ 14 $364,000 11,000 18,000 $ 15 Required: 1. Compute the firm's predetermined overhead rate for the year using each of the following common cost drivers: (a) machine hours, (b) direct-labor hours, and (c) direct-labor dollars. 2. Calculate the overapplied or underapplied overhead for the year using each of the cost drivers listed above