Chapter 3 Applying Excel (B)i Save & Exit Saved Help Subm Check my work 1 Required information 10 3. Either print or make a copy of your worksheet in your workbook before proceeding. You will need to refer back to this worksheet. points Change the estimated total amount of the allocation base to 53,000 machine-hours, but keep everything the same as in Requirement 2. The data area of your worksheet should now look like this: eBook Print A B C Chapter 3: Applying Excel 1 References Data Allocation base 4 Machine-hours Estimated manufacturing overhead cost $ 291,500 53,000 machine-hours Estimated total amount of the allocation base Actual manufacturing overhead cost $ 302,500 7 Actual total amount of the allocation base 49,000 machine-hours 8 Print References (a) By how much is the manufacturing overhead underapplied or overapplied? manufacturing overhead (b) Why is the amount of underapplied (overapplied) manufacturing overhead different from Requirement 2 above? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answers and double click the box with the question mark to empty the box for a wrong answers. Any boxes left with a question mark will be automatically graded as incorrect.) eBook Print References The change in the estimated total amount of the allocation base affected the predetermined overhead rate. The change in the estimated total amount of the allocation base affected the amount of manufacturing overhead applied. Actual manufacturing overhead cost differs from period t period. The estimated manufacturing overhead cost did not change in proportion to the change in the estimated total amount of the allocation base