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Predetermined OH Rates; Capacity Measures Alberton Electronics makes inexpensive GPS navigation devices and uses a normal cost system that applies overhead based on machine hours. The following current year budgeted data are available: Variable factory overhead at 100,000 machine hours $2,500,000 Variable factory overhead at 150,000 machine hours 3,750,000 Fixed factory overhead at all levels between 10,000 and 180,000 machine hours 2,880,000 Practical capacity is 180,000 machine hours; expected capacity is two-thirds of practical. a. What is Alberton Electronics' predetermined VOH rate? Predetermined VOH rate $ 25 per MH b. What is the predetermined FOH rate using practical capacity? Predetermined FOH rate $ 16 per MH c. What is the predetermined FOH rate using expected capacity? Predetermined FOH rate $ 24 per MH d. During the year, the firm records 110,000 machine hours and $5,420,000 of overhead costs. (1) How much variable overhead is applied? Applied VOH $ 2750000 (2) How much fixed overhead is applied using the rate found in (b)? Applied FOH $ 1760000 (3) Calculate the total under-or overapplied overhead for the year using the rate found in (b). Note: Do not use a negative sign with your answer. Predetermined VOH rate $ 25 per MH b. What is the predetermined FOH rate using practical capacity? Predetermined FOH rate $ 16 per MH c. What is the predetermined FOH rate using expected capacity? Predetermined FOH rate $ 24 per MH d. During the year, the firm records 110,000 machine hours and $5,420,000 of overhead costs. (1) How much variable overhead is applied? Applied VOH $ 2750000 (2) How much fixed overhead is applied using the rate found in (b)? Applied FOH $ 1760000 (3) Calculate the total under- or overapplied overhead for the year using the rate found in (b). Note: Do not use a negative sign with your answer. (4) How much fixed overhead is applied using the rate found in (c)? Applied FOH $ (5) Calculate the total under-or overapplied overhead for the year using the rate found in (c). Note: Do not use a negative sign with your