Question 35 (2.5 points) A company estimates its manufacturing overhead will be $700,000 for the next year. What is the predetermined overhead rate for 50,000 budgeted direct labor hours? [Hint: round your answer in 2 decimal places) Your Answer: Answer Question 36 (2.5 points) Production data show 12,600 units were transferred out of a stage of production and 4,500 units remained in ending WIP inventory that was 100% complete to material and 35% complete to conversion. The unit material cost is $5 for material and $9 for conversion. What is the amount of inventory transferred out