Complete the following for Metal Foundry in Denver Colorado that uses a predetermined manufacturing overhead rate.

How much manufacturing overhead ? Is ? Metal Foundry in Denver, Colorado, uses a predetermined manufacturing overhead rate to alocate overhead to individual jobs based on the machine hours required. At the beginning of the year, the company expected to incur the following: (Click the icon to view the costs.) Requirements 1. Compute Metal's predetermined manufacturing overhead rate 2 was allocated to jobs during the year? 3. How much manufacturing overhead was incurred during the year? Is manufacturing overhead underallocated or overallocated at the end of the year? By how much? Were the jobs overcosted or undercosted By how much? Data Table Requirement 1. Compute Metal's predetermined manufacturing overhead rate Determine the formula to calculate the predetermined overhead rate, then calculate the rate 1 Predetermined overhead rate = per machine hour Requirement 2. How much manufacturing overhead was alocated to jobs during the year? Determine the formula to calculate the overhead to be alocated then calculate the manufacturing overhead allocated Manufacturing overhead alocated Manufacturing overhead costs S 640,000 Direct labor cost $ 1.600.000 Machine hours 80 000 At the end of the year, the company had actually incurred the following Direct labor cost S 1.200,000 Depreciation on manufacturing plant and equipment S 460.000 Property taxes on plant $ 18,000 Sales salaries S 26.000 Delivery drivers wages S 17.000 Plantjanitors' wages $ 10,500 Machine hours 57.000 hours Requirement 3. How much manufacturing overhead was incurred during the year? Is manufacturing overhead underallocated or overallocated at the end of the year? By how much? a zero Total manufacturing overhead Is manufacturing overhead underallocated or overallocated at the end of the year By how much? Print Done Manufacturing overhead was bys | Requirement 4. Were the jobs overcasted or undercosted By how much? Jobs were bys Choose from any list or enter any number in the input fields and then continue to the next