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.-Compute the compan's predetermined overhead rate for the year? -determine the amount of manufacturing overhead that would be applied jop? -determine the amount of underapplied

image text in transcribed.-Compute the compan's predetermined overhead rate for the year?
-determine the amount of manufacturing overhead that would be applied jop?
-determine the amount of underapplied or overapplied manufacturing overhead for the period?
Omar company computes its predetermined overhead rate annually on the basis of machine hour. At the beginning of the year, it estimated that 35,000 direct machine hour would be required for the period's estimated level of production. The company also estimated $196,000 of fixed manufacturing overhead expenses for the coming period and variable manufacturing overhead of $2.50 per direct machine hour. Omar's actual manufacturing overhead for the year was $265.900 and its actual total direct machine hour was 37,500 hours

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