Total machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour 60,000 $342,000 $2.70 Recently Job M238 was completed with the following characteristics: Number of units in the job Total machine-hours Total Labor Hours Direct materials 85 165 320 $1,235 $5600 Direct labor cost 1. Calculate the pre-determined overhead rate for Jimminy Corporation (6) 2. Calculate the total job cost for Job M238. (6) 3. Explain why companies use applied overhead rather than actual overhead costs when calculating the cost of goods manufactured. (6)