1. If the overhead rate is $10 per machine hour and there are 20 labor hours, 16 machine hours, and two personnel on the job, how much overhead should be applied to the job? 2. Some firms pool...

1. If the overhead rate is $10 per machine hour and there are 20 labor hours, 16 machine hours, and two personnel on the job, how much overhead should be applied to the job?

2. Some firms pool overhead into a single plantwide overhead pool, while others accumulate overhead costs into manufacturing departments, each of which has an overhead cost pool and overhead cost application rate. Which approach is likely to provide more accurate cost numbers for cost estimating, pricing, and performance evaluation?