BLUES, Inc. and CARDINAL Corporation both use predetermined overhead rates to apply manufacturing overhead. BLUES uses machine hours. CARDINAL uses materials costs. The budgeted production and cost data are shown below: Actual information at the end of the year for the two companies is reported as follows: Show your work and write your answers in the space provided on the left: $109.44/ unit Predetermined overhead rate for BLUES, Inc. Predeterminedovemeadrate=estimatedtotalamountofallocationbasestimatedtotalmanufacturingOHcost=(48,00020,000)20,000912,000=$109.44/unit $9.28/ unit Predetermined overhead rate for CARDINAL Corporation PredeterminedOH=esttotalnmountofallocatiohaseesttotalnanutacturingoflcost=33,75060,000(60,000)990,000=9.28/vnit The amount of over (under) applied overhead for BLUES, Inc. The amount of over (under) applied overhead for CARDINAL Corporation