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2. Change all of the numbers in the data area of your worksheet so that it looks like this Chapter 4: Applying Excel 3 Data

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2. Change all of the numbers in the data area of your worksheet so that it looks like this Chapter 4: Applying Excel 3 Data 4 Allocation base 5 Estimated manufacturing overhead cost 6 Estimated total amount of the allocation base Machine-hours $297,000 54,000 $280,200 machine hours 7 Actual manufacturing overhead cost 8 Actual total amount of the allocation base 49,000 machine- hours If your formulas are correct, you should get the correct answers to the following questions (a) What is the predetermined overhead rate? (Round your answer to 2 decimal places.) Predetermined overhead rate per machine- hour (b) By how much is the manufacturing overhead underapplied or overapplied? manufacturing overhead

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