Problem 4-26 (Part Level Submission) Sheridan Company produces high-quality microscopes for education and health care uses. The company uses a job order costing system. Because the microscopes' optics require significant manual labor to ensure adherence to strict manufacturing specifications, the company applies overhead on the basis of direct labor hours. At the beginning of 2017, the company estimated its manufacturing overhead would be $1,950,000 and that employees would work a total of 65,000 direct labor hours. During March, the company worked on the following five jobs: Job 134 158 212 287 301 Total Direct Materials Direct Labor Direct Labor Hours Beginning added during added during added during Balance March March March $118,800 $5,000 $8,600 140 121,400 2,400 12,160 350 21,800 86,500 36,100 3,460 34,150 71,800 31,870 18,810 21,875 1,330 $296,150 $184,510 $110,605 7,970 2,690 Jobs 134 and 158 were started in January, Jobs 212 and 287 were started in February, and Job 301 was started in March. During March, workers completed Jobs 134, 158, and 212. Jobs 134 and 212 were delivered to customers during March. Actual overhead for the month of March was $177,000. The manufacturing overhead account is disposed of annually, not monthly. (a) Your answer is correct. Calculate the predetermined overhead rate used by Sheridan Company in 2017. Predetermined overhead rates Predetermined overhead rate 3 0... LINK TO TEXT LINK TO VIDEO Attempts: 2 of 4 used (b) * Your answer is incorrect. Try again. Calculate the total manufacturing cost for March. otal Manufacturing cost 365200 365200 Total Manufacturing Cost $l