Chapter 3 Form D E C A Chapter 3: Applying Excel Data Machine-hours Allocation base $248.400 46,000 machine-hours Estimated manufacturing overhead cost Estimated total amount of the allocation base Actual manufacturing overhead cost Actual total amount of the allocation base $267,000 52,000 machine-hours Enter a formula into each of the cels marked with a ? below Computation of the predetermined overhead rate Estimated manufacturing overhead cost Estimated total amount of the allocation base Predetermined overhead rate ? machine-hours ? per machine-hour Computation of underapplied or overapplied manufacturing overhead Actual manufacturing overhead cost Manufacturing overhead cost applied to Work in Process during the year ? per machine-hour Predetermined overhead rate ? machine-hours Actual total amount of the allocation base Manufacturing overhead applied Underapplied (overapplied) manufacturing overhead If your formulas are correct, you should get the correct answers to the following questions. (a) What is the Predetermined overhead rate? (Round your answer to 2 decimal places.) Predetermined overhead per machine- hour rate (b) By how much is the manufacturing overhead underapplied or overapplied? manufacturing overhead