Jones Company manufactures a line of lightweight running shoes. CEO Michael Jones estimated that the company would incur $2.520,000 in manufacturing overhead during the coming year. Additionally, he estimated the company would operate at a level requiring 210,000 direct labor hours and 420,000 machine hours. Assume that Jones Company uses direct labor hours as its manufacturing overhead application base. Calculate the company's predetermined overhead rate. Company's predetermined overhead rate $ DLH e Textbook and Media * Your answer is incorrect. Assume that Jones Company uses machine hours as its manufacturing overhead application base. Calculate the company's predetermined overhead rate. (Round answer to 2 decimal places, e.g. 52.75.) Company's predetermined overhead rate $ /MH 1 12 e Textbook and Media * Your answer is incorrect. Assume that job 4375 required 190 machine hours to complete. How much manufacturing overhead should be applied to the job? (Round answer to decimal places, eg. 5,275.) Manufacturing overhead applied 2280 e Textbook and Media