Arooks Foundry in Denver, Colorado, uses a predetermined manufacturing overhead rate to allocate overhead to individual jobs based on the machine hours recuired, At the beginning of the year. the company expected to incur the following: (Click the kon to view the begirning of year astimated costs.) Al the end of the year, the company had actually incurted tho following: (Click the icon to view the actual end of yoar costs.) Read the coquirements. Requirement 2. How much manufacturing overhead was alocated to jobs during the year? Determine the formula to calculate the overhead to be allocated, then calculate the manufacturing overhead allocaled. Requirement 3. How much manufacturing overhead was incurred during the year? Is manufacturing overhead underallocated or overalocated at the end of the year? By how much? (if an input field is not used in the table, leave the input field empty, do not select a label or enter a zora.) Is manutacturing overhead underallocated or overallocatod at the end of the yoar? By how much? Manutacturing overhend was by Requirement 4. Were the jobs overoosted or undercosted? By how much? Brocks foundry in Donver, Colorado, uses a predetermin of the yoar, the company expected to incur the following: (Click, the icon to view the beginning of yoar estimated costs.) At the ond of the yoar, the company had actualy incurred the foliowing: FAt (Click the icon to view the actual end of year costs.) Actual end of year costs Beginning of year estimated costs Totai manufacturing overhead Is manufacturing owerhead underaliocated or overallocatod at the end of the yoar? By how much? Manufacturing overhead was Requirement 4. Were the jobs overcosled or undercosted? By how much? Jobs were by Brooks Foundry in Derver, Colorado, uses a predotermined manufacturing overhead rate to allocate overhead to individual jobs based con the machine hours required. At the beginning of the year, the compary expected to incur the following: (Click the icon to view the beginning of year estimated costs.) At the ond of the year, the compary had actually incurred the following: (Click, the icon to view the actual end of yoar costs.) Read the coguirements Requirement 1. Compute Brocks' predotermined marufacturing overhead rate. Detormine the farmula to calculate the predelermined owerhead rate, then calculate the rate. Requirement 2. How much manulacturing overhead was allocated to jobs during the year? Determine the formula to calculate the overhend to be allocatod, then calculate the manufacturing overhead allocated Requirement 3. How much manufacturing overhead was incurred during the yean is manufacturing overhead underallocated or overalocated at the end of the year? By how inueb? an ingut fild is not used in the table, kave the input field empty; do not select a label or enter a zoro) Is manutacturing ovehead Landeraliocated or overallocated at the end of the yoar? By how much