Knowledge Check Blaney Company provided the following information. Estimated annual manufacturing overhead costs Estimated annual direct labor costs Estimated annual machine hours Actual direct labor cost on Job 12 Actual machine hours on Job 12 Compute the amounts for each of the following. 1. 2. 3. 4. $434,500 $197.50 110,000 $4,800 3,400 Predetermined Overhead Rate per Machine Hour (Round dollar amount to 2 decimal places, e.g. 1.25.) Predetermined Overhead Rate based on Direct Labor Cost (Round percentage to 2 decimal places, e.g. 125.25.) Overhead Applied Using Machine Hours as the Activity Base Overhead Applied Using Direct Labor Cost as the Activity Base $ $ 3.95 %

Blaney Company provided the following information. Blaney Company provided the following information