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Blueberry Corporation uses a job order cost system with manufacturing overhead applied to products on the basis of machine hours. For the upcoming year. Blueberry

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Blueberry Corporation uses a job order cost system with manufacturing overhead applied to products on the basis of machine hours. For the upcoming year. Blueberry Corporation estimated total manufacturing overhead cost at $426,600 and total machine hours of 47,400 . During the year actual manufacturing overhead incurred was $418,950 and 49,000 machine hours were used. Required: a. Calculate the predetermined overhead rate b. Calculate how much manufacturing overhead will be applied to production. c. Is overhead over- or underapplied? By how much? d. What account should be adjusted for over- or underapplied overhead? Should the balance be increased or decreased? Complete this question by entering your answers in the tabs belaw. Calculate the predetermined overhead rate. Noten Round your answer to 2 decimal places

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