Rector Company manufactures a line of lightweight running shoes. CEO Mark Rector estimated that the company would incur $2,500,000 in manufacturing overhead during the coming year. Additionally, he estimated the company would operate at a level requiring 250,000 direct labor hours and 400,000 machine hours. Your answer is correct. Assume that Rector Company uses direct labor hours as its manufacturing overhead application base. Calculate the company's predetermined overhead rate. (Round answer to 2 decimal places, eg, 52.75.) Company's predetermined overhead rate $ 10 /DLH eTextbook and Media Your answer is correct. x Your answer is incorrect. Assume that Rector Company uses machine hours as its manufacturing overhead application base. Calculate the company's predetermined overhead rate. (Round answer to 2 decimal places, e.g. 52.75.) Company's predetermined overhead rate $ /MH e Textbook and Media X Your answer is incorrect. Assume that job 4375 required 140 machine hours to complete. How much manufacturing overhead should be applied to the job? (Round answer to decimal places, e.g. 5,275.) Manufacturing overhead applied $ e Textbook and Media -arch ORI DELL