Lancelot Manufacturing is a small textile manufacturer using machine$-$hours as the single indirect$-$cost

rate to allocate manufacturing overhead costs to the various jobs contracted during the year. The

following estimates are provided for the coming year for the company and for the Case High School band

jacket job.

$-$For Lancelot Manufacturing, what is the annual manufacturing overhead cost$-$allocation rate?

$-$What amount of manufacturing overhead costs will be allocated to this job?