Question: please show work and explain steps E3-3A. Calculate and Use Overhead Rate. During the coming accounting year, Baker Manufacturing, Inc., anticipates the following costs, expenses,

please show work and explain steps

E3-3A. Calculate and Use Overhead Rate. During the coming accounting year, Baker Manufacturing, Inc., anticipates the following costs, expenses, and operating data: - Provides for operating 40,000 machine hours. a. Calculate the predetermined manufacturing overhead rate for the coming year for each of the following application bases: (1) direct labor hours, (2) direct labor costs, and (3) machine hours. b. For each item in requirement a, determine the proper application of manufacturing overhead to Job 63, to which 16 direct labor hours, 5150 of direct labor cost, and 40 machine hours have been charged

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