QInc. uses a job-order costing system and applies overhead to jobs on the basis of direct labor hours (ie, DLH). At the beginning of the year, estimates of total manufacturing overhead was $75,000 and total direct labor hours was estimated at 15,000 hours, paid at $10 per hour. This month, Job #314 was completed. Materials cost on the job totaled $500 and labor costs totaled $3,000. There were 20 units produced in Job #314. LO2-1 (% point) Compute the predetermined overhead rate (POHR) set at the beginning $75,000 15,000 hours POHR - $ 5.00 per DLH LO2-2 (% point) Compute the overhead applied to Job #314 20 Units $ 100.00 LO2-3 (% point each) Compute the total cost and the unit product cost of Job #314 LO2-4 (1 point) Would the overhead applied to Job #314 Increase, stay the same, or decrease if it were produced using machine (and hence machine hours) instead of using direct labor? Briefly explain. Assume no change to the basis to allocate overhead per above and no change in the POHR. No computations necessary