1) For 2014, Thomas Manufacturing uses machine-hours as the only overhead cost-allocation base. The estimated manufacturing overhead costs are $300,000 and estimated machine hours are 50,000. The actual manufacturing overhead costs are $420,000 and actual machine hours are 70,000. 28) Using job costing, the 2014 budgeted manufacturing overhead rate is ________.A) $6.50 per machine-hour

B) $4.80 per machine-hour

C) $5.50 per machine-hour

D) $6.00 per machine-hour

2) What is the difference between the budgeted and the actual manufacturing overhead using job costing?A) $0.20

B) $0.50

C) $1.00

D) $1.20