Please define each of the following terms, direct manufacturing item, indirect manufacturing item, variable manufacturing overhead, fixed manufacturing overhead, pre-determined manufacturing overhead, pre-determined manufacturing overhead rate, and the base for pre-determined manufacturing overhead rate. Then discuss if predetermined manufacturing overhead rate depends on production level. Provide examples to clarify and support your argument.

Period manufacturing operations of a company requires 5,000 pounds in direct materials and 3,000 hours of direct labor. Unit direct material cost is $100 per pound, and unit direct labor cost is $80 per hour. Estimated overhead is $50 per each hour of direct labor. Provide the period manufacturing costs statement.

Please define each of the following terms, direct manufacturing item, indirect manufacturing item, variable manufacturing overhead, fixed manufacturing overhead, pre-determined manufacturing overhead, pre-determined manufacturing overhead rate, and the base for pre-determined manufacturing overhead rate. Then discuss if predetermined manufacturing overhead rate depends on production level. Provide examples to clarify and support your argument. Period manufacturing operations of a company requires 5,000 pounds in direct materials and 3,000 hours of direct labor. Unit direct material cost is $100 per pound, and unit direct labor cost is $80 per hour. Estimated overhead is $50 per each hour of direct labor. Provide the period manufacturing costs statement