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2. The following cost data relate to the manufacturing activities of the Kalinka Company last year: The company uses a prodetermined overhead rate to apply

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2. The following cost data relate to the manufacturing activities of the Kalinka Company last year: The company uses a prodetermined overhead rate to apply manufacturing overhead cost to production. The rate last year was $5.00 per machine-hour, a total of $,000 machine-hours were reconded for the year. Required: a. Compute the amount of under- or overappliod overhead cost for the year. (15 points) b. Prepare a schedule of Cost of Goods Manufactured for the year, (25 points)

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