1 (15 points) Darrin Products applies manufacturing overhead based on machine hours. Budgeted machine hours for the current period were anticipated to be 120,000 and, actual machine hours being worked for the current period are 125,000. Budgeted and actual manufacturing overhead figures for the year were $4,800,000 and $5,200,000, respectively 1. The predetermined overhead rate for Darrin Products is: A. $53.33 per machine hour B. $40 per machine hour C. $13.3 per machine hour D. $33.3 per machine hour 2. The manufacturing overhead for Darrin Products is: A. underapplied by $200,000. B. overapplied by $400,000. D. overapplied by $200,000. 3. Bases on the results of the previous requirement, we close the difference on manufacturing overhead by: A. debiting MOVH by $200,000 and crediting COGS by the same amount. B. crediting MOVH by $200,000 and debiting COGS by the same amount. C. debiting MOVH by $400,000 and crediting COGS by the same amount. D. crediting MOVH by $400,000 and debiting COGS by the same amount. tv