Calculate overhead rates. (Obj. 3). Using the data below, calculate the amount of manufacturing overhead to be applied to Job 792 for 460 units, if

(a) the direct labor hours basis is used and

(b) the direct labor costs basis is used.

Estimated manufactiu-ing overhead for the year Estimated direct labor hours Estimated direct labor costs Job 792: direct labor hours used Job 792: direct labor costs incurred

$296,772 353,300 hoiors

$370,965 1,580 hours

$ 1,770 LO.1