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2. Change all of the numbers in the data area of your worksheet so that it looks like this: If your formulas are correct, you
2. Change all of the numbers in the data area of your worksheet so that it looks like this: 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.) (b) By how much is the manufacturing overhead underapplied or overapplied? 4. Change the estimated total amount of the allocation base back to 86,000 machine-hours, so that the data area of you worksheet looks exactly the same as in Requirement 2. Now change the actual manufacturing overhead cost from $654,500 to $657,300. The data area of your worksheet should now look like this: (a) By how much is the manufacturing overhead underapplied or overapplied? Change the estimated total amount of the allocation base to 78,000 machine-hours, but keep everything the same as in Requirement 2. The data area of your worksheet should now look like this: (a) By how much is the manufacturing overhead underapplied or overapplied
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