Kimberlee Corporation manufactures custom cabinets for kitchens. It uses a normal costing system with two direct cost categories-direct materials and direct manufacturing labor-and one indirect-cost pool, manufacturing overhead costs. It provides the following information about manufacturing overhead costs for 2017. (Click the icon to view the manufacturing overhead cost Information for 2017.) The following information is available as of December 31, 2017. (Click the icon to view the information.) Begin by calculating the budgeted indirect cost rate. Identify the formula and then calculate the rate. (Assume the cost allocation The manufacturing overhead allocated during the year is $ |