Alan Industries manufactures wooden backyard playground 1. Calculate Alan's predetermined manufacturing overhead equipment. Alan estimated $1,800,000 of manufacturing rate, assuming that the company uses direct labor cost as overhead and $2,100,000 of direct labor cost for the year. an allocation base After the year was over, the accounting records indicated that 2. How much manufacturing overhead would have been the company had actually incurred $1,640,000 of allocated to manufacturing jobs during the year? manufacturing overhead and $2,300,000 of direct labor cost. 3. At year-end, was manufacturing overhead overallocated or underallocated? By how much? 1. Calculate Alan's predetermined manufacturing overhead rate, assuming that the company uses direct labor cost as an allocation base. (Round the percentage to the nearest hundredth percent, X.XX.) Predetermined manufacturing Overhead rate 96 2. How much manufacturing overhead would have been allocated to manufacturing jobs during the year? (Enter the percentage to the nearest hundredth percent, X.XX.) Manufacturing overhead allocated % 3. At year-end, was manufacturing overhead overallocated or underallocated? By how much? (Abbreviation used; MOH Manufacturing overhead.) MOH allocated is actual MOH incurred, so MOH is by