At the beginning of the year, Potatoes Unlimited (PU) estimated the following: Harvesting Department Overhead $310,000 Direct Labour Hours 77,500 Machine Hours 40,000 Packaging Department $90,000 Total $400,000 10,000 87,500 60,000 100,000 PU uses departmental overhead rates. In the Harvesting Department, overhead is applied on the basis of machine hours. In the Packaging Department, overhead is applied on the basis of direct labour hours. Actual data for the month of August are as follows. Harvesting Department Overhead $26,500 Direct Labour Hours 6,500 Machine Hours 3,400 Required: Packaging Department Total $7,750 $34,250 840 7,340 6,525 9,925 Calculate the predetermined overhead rates for the Harvesting and Packaging Departments. Calculate the overhead applied to production in each department for August. How much as each department's overhead been overapplied or underapplied? Paragraph V BI U A 1. Overhead rate Total Overhead Machine Hours Labour Hours Harvesting Packaging