19. Majesty Manufacturing Company uses a normal cost system that applies overhead based on machine hours. The following 2020 budgeted data are available: Variable factory overhead at 100,000 machine hours Variable factory overhead at 150,000 machine hours Fixed factory overhead at all levels between 10,000-180,000 machine hours Practical capacity is 180,000 machine hours, expected capacity is 2/3 of practical. What is the predetermined factory overhead at practical capacity level? 20. What is the predetermined factory overhead at expected capacity level? P1,250,000 1,875,000 1,440,000 21. During 2020 the firm records 110,000 machine hours and P2,710,000 of overhead costs. Determine the over-or underapplied overhead at practical capacity level