Landis Company uses a job-order costing system with a predetermined plantwide overhead rate based on direct labor-hours. In an effort to improve its ability to measure job profitability and make decisions, the company is considering allocating some of its overhead costs, such as electrical costs, based on machine-hours Instead of direct labor-hours. To further explore the potential benefits of this approach, the company has gathered the following eight weeks of actual (not estimated) data with respect to its electrical costs: Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 Total Machine-Hours Direct Labor-Hours 7,700 8,900 8,600 8,100 7,600 7,100 5,500 6,800 60,300 Total for eight weeks (a) 52 weeks + 8 weeks (b) Annual estimate (a) x (b) Using the data above, the company translated these actual amounts into annual estimates as follows: Electrical Costs $ 607,300 6.5 $3,947,450 Req 1 8,910 8,920 8,870 8,840 8,990 8,940 8,870 8,910 71,250 Req 2 Electrical Costs $ 76,200 83,800 81,000 80,800 79,480 70,700 61,500 73,900 $607,300 Click here to download the Excel template, which you will use to answer Requirements 4. 5 and 6. Click here for a brief tutorial on Regression Analysis in Excel. Machine-Hours Direct Labor-Hours 60,300 6.5 391,950 Required: 1. Using the annualized data, what is the estimated electrical cost per direct labor-hour? 2. Using the annualized data, what is the estimated electrical cost per machine-hour? The estimated electrical cost per direct labor-hour is 71,250 6.5 463,125 Complete this question by entering your answers in the tabs below. Using the annualized data, what is the estimated electrical cost per direct labor-hour? (Round your answer to two decimal places.) Required: 1. Using the annualized data, what is the estimated electrical cost per direct labor-hour? 2. Using the annualized data, what is the estimated electrical cost per machine-hour? Complete this question by entering your answers in the tabs below. Req 1 Req 2 Using the annualized data, what is the estimated electrical cost per machine-hour? (Round your answer to two decimal places.) The estimated electrical cost per machine-hour is