Simpson Company estimates that its overhead expense will stand at $4,000,000 this year. It also expects the direct labor cost to be $2,000,000. It traditionally applies overhead using direct labor cost as its basis. Job No. 305 is charged with $150,000 of direct materials costs and $100,000 of direct labor cost.

Calculate the predetermined overhead rate for Simpson Company

Calculate the total manufacturing costs for Job No. 305.