Lloyd Manufacturing is a small textile manufacturer using machine-hours as the single indirect-cost rate to allocate manufacturing overhead costs the various jobs contracted during the year. The following estimates are provided for the coming year for the company and for the Winfield High School band jacket job Company Winfield High School Job Direct materials $40,000 $1,000 Direct labor $10,000 $200 Manufacturing overhead $40,000 costs 100,000 Machine-hours 900 mh mh a) For Lloyd Manufacturing, what is the annual manufacturing overhead cost-allocation rate? $ per machine-hour. b) If the actual overhead costs were $35,000 and the actual machine-hours were 90,000, then overhead was $ one) allocated. c) What are the total manufacturing costs of the Winfield High School job? d) What is the bid price for the Winfield High School job if the company uses a 40% markup of total manufacturing costs? You must show work for credit. over/under Question 24 8 pts Lloyd Manufacturing is a small textile manufacturer using machine-hours as the single indirect-cost rate to allocate manufacturing overhead costs to School band jacket job. the various jobs contracted during the year. The following estimates are provided for the coming year for the company and for the Winfield High Winfield High School Company