Please answer the following questions in your own words. This assignment is designed to ensure that you have gained a basic understanding of the reading, and will be graded mostly for completeness, with a small amount of variation for the quality of the response. 1. Why don't we trace manufacturing overhead costs directly to jobs in job costing? 2. How do you calculate a predetermined overhead rate? 3. What should we think about when selecting an allocation base? 4. Why would a firm choose to use multiple overhead rates instead of one plantwide overhead rate? 5. When automated equipment replaces direct labor, what happens to overhead rates where direct labor is the allocation base