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ufacturing is a small textile manufacturer using machine-hours as the single indirect-cost rate to allocate manufacturing overhead costs to the various jobs contracted during the year. The following estimates are provided for the coming year for the company and for the Winfield High School band jacket job. Winfield High School Company Job Direct materials $40,000 $1,000 Direct labor $10,000 $200 Manufacturing overhead $40,000 costs Machine-hours 100,000 mh 900 mh a) For Lloyd Manufacturing, what is the annual manufacturing overhead cost- allocation rate? $ per machine-hour. b) If the actual overhead costs were $35,000 and the actual machine-hours were 90,000, then overhead was $ over/under (please type one) allocated. Company Winheld High School Job Direct materials $40,000 $1,000 Direct labor $10,000 $200 Manufacturing overhead $40,000 costs 100,000 Machine-hours 900 mh mh a) For Lloyd Manufacturing, what is the annual manufacturing overhead cost- allocation rate? $ per machine-hour. b) If the actual overhead costs were $35,000 and the actual machine-hours were 90,000, then overhead was $ _____over/under (please type one) allocated. c) What are the total manufacturing costs of the Winfield High School job? d) What is the bid price for the Winfield High School job if the company uses a 40% markup of total manufacturing costs? $