Question 1 View Policies Current Attempt in Progress Jones Manufacturing Company makes two products. The company's budget includes $461,280 of overhead. In the past, the company allocated overhead based on estimated total direct labor hours of 19.220. Jones recently implemented an activity based costing system and had determined that overhead can be broken into three overhead pools: processed purchase orders, machine setups, and good shipped. The following is a summary of company information: Orders processed Machine setups Shipping Estimated Cost Estimated Activities $79,350 5,290 orders 14,300 550 machine hours 31.535 59.500 shipments $125,185 Calculate the company's overhead rate based on total direct hours. per direct labor hour The company's overhead rate