JACK CO manufactures delicious barbeque sauce Me Cliford. IACKS CEO is trying to understand last quarter's variances and has a you to prepared budget for product costs. JACK has the following standards to manufacture one bottle of sauce, and allocates overhead based on the machine hours used Standard Quantity Standard Price Standard Cost Direct Mail 2 ounces 5045 per un 5 050 Direct Labor 0 25 bor hours $ 1000 per bor hour 250 Vanable MOH 0.10 machine hours $ 3.60 per machine how 0.36 Total Variable Cost per Bottle $ 3.75 Which of the above amounts is JACK's predetermined overhead rate? Prepare JACK's flexible budget based on actual production by completing the table below. Actual Production Flexible Budget Master Budget Bottles of Sauce Produced 24,400 bottles 25,000 bottles bottles Direct Materials 21,472 $ 22,500 Direct Labor $ 63440 $ 62,500 Variable MOH $ 8,784 9,000 Fixed MOH $ 155,200 150,000 Total Product Costs $ 248,896 $ 244,000