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and incur $1.000.000 ol drect lotior cost next yeav in addition, the mactines are expected to be run for 37.500 hourn 1. Compute the prodelemined manufacturng overhead rath for next year assuming that the coempary uses direct labor hours as is manulacturing ovethead alocation base Requirements Computo the predetermined manufactung overhesd rate for next yoar under the following independern situations: 1. Assume that the company uses deect latior hours as its mandacturng Gererhesd alocation base. 2. Assume that the company uses diced labor cost as is manufacturing overtesd alocotion basie 1. Assume that the compary uses machine hours as as marulacturno overhesd allocation base