Alba Foundry in Altanta, Georgia, uses a predetermined manufacturing overhead rate to allocate overhead to individual jobs based on the machine hours required. At the beginning of the year the company expected to incur the following Click the icon to view the beginning of year estimated costs.) At the end of the year, the company had actually incurred the following (Click the loon to view the actual end of year costs.) Read the requirements Requirement 1. Compute Alba's predetermined manufacturing overhead rate Determine the formula to calculate the predetermined overhead rate, then calculate the rate. Predetermined overhead rate ick the icon to view the beginning of year estimated costs.) end of the year, the company had actually incurred the following: Click the icon to view the actual end of year costs.) the requirements. Beginning of year estimated costs uirement 1. Compute Alba Manufacturing overhead costs... rmine the formula to calcu Direct labor cost. et more help 4 Machine hours. Print Done 650,000 $ 1,350,000 81,250 - X Clear a rgia, a predetermined manufacturing overhead rate to allocate overhead to individual jobs based on the machine h company expected to incur the following: (Click the icon to view the beginning of year estimated costs.) he end of the year (Click the icon to ad the requirement Actual end of year costs X Direct labor cost.. $ 1,170,000 equirement 1. Com Depreciation on manufacturing plant and equipment. $ 470,000 Property taxes on plant.... 18,000 etermine the formula Sales salaries.... 27,000 Delivery drivers' wages.. $ 16,500 Plant janitors' wages... Machine hours.. 11,500 53,000 hours Print Done