Tel Corp. has the following estimated costs for 2016: Direct materials $ 160,000 Direct labour 2,000,000 Rent on factory building 150,000 Sales salaries 250,000 Depreciation on factory equipment 80,000 Indirect labour 120,000 Production supervisor's salary 150,000 Machine hours 40,000 Other data: Tel Corp. estimates that 20,000 direct labour hours will be worked during the year. Assume that manufacturing overhead is applied on the basis of machine hours and Job XY120 is completed during the year. Instructions Calculate the overhead rate per machine hour. Calculate the rate of direct labour per hour. Calculate the total cost of a job that will take 200 machine hours, $15,000 in direct material, and 50 direct labour hours using a normal cost system