Fox Manufacturing applies manufacturing overhead at a rate of $32 per machine hour. c. Identify the shortcomings of this rate that will cause overhead applied during the period to differ from the actual overhead costs incurred during the period. Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect. check all that apply Actual overhead is likely to differ from the estimated figure used to compute the application rate. Actual machine hours are likely to differ from the budgeted amount used to compute the application rate.unanswered Machine hours are not likely to be perfectly correlated with the incurrence of manufacturing overhead costs.unanswered Efficiency of labor is not taken into consideration.unanswered Cost of labor is not taken into consideration