Fairfield company applies manufacturing overhead to products at a predetermined rate of $49 per direct labor hour. Its actual manufacturing costs for the most recent period are summarized here: Total Cost 89,500 29,500 Item Description Direct materials Used on Jobs 101 and 102 Indirect materials Used on multiple jobs Hourly labor wages 750 hours @ $29 per hour 200 hours for Job 101 = $ 5,800 300 hours for Job 102 = 8,700 250 hours for Job 103 = 7.250 Factory supervision Production engineer Factory janitorial work Selling, general, and administrative salaries Other manufacturing overhead costs (factory rent, insurance, depreciation, etc.) Other selling, general, and administrative costs (office rent, insurance, depreciation, etc.) 21,750 3,900 7,900 2,400 8,900 7,400 5,900 1. Post the preceding information to Fairfield Company's Manufacturing Overhead T-account. Manufacturing Overhead Balance