Problem $2$

Franklin Corporation uses a job$-$order costing system with a single plantwide predetermined

overhead rate based on direct labor hours. The company based its predetermined overhead rate

for the current year on $68,000$ direct labor hours, total fixed manufacturing overhead cost of

$$115,600,$ and a variable manufacturing overhead rate of $$4\mathrm{.}40$ per direct labor hour. Recently

Job #$175$ was completed and required $150$ direct labor hours.

Required:

$($a$)$ Calculate the estimated total manufacturing overhead for the year.

$($b$)$ Calculate the predetermined overhead rate for the year.

$($c$)$ Calculate the amount of overhead applied to Job #$175.$