confused on this part of the equation, i have included my solved data.

Requirement 3. Compute the underallocated or overallocated manufacturing overhead. How will this underallocated or overallocated manufacturing overhead be disposed of? First calculate the preliminary manufacturing overhead balance using the T-account. Actual indirect materials 170,100 Actual depreciation on plant and equipment Actual indirect manufacturing labor Actual plant utilities Manufacturing Overhead 50,500 Manufacturing overhead allocated 72,500 42,000 38,400 33,300 End Bal Close the under- or overallocated overhead to Cost of Goods Sold by journalizing the entry. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Accounts Date Debit Credit Direct labor hours. ........................... Machine hours .............................. Budget 7,600 hours 7,200 hours $ 23,000 $ 48,500 Actual 6,100 hours 6,300 hours $ 23,000 $ 50,500 Depreciation on salespeople's autos....... Indirect materials ........ Depreciation on trucks used to deliver uniforms to customers Depreciation on plant and equipment ...... Indirect manufacturing labor. ........... Customer service hotline...... $ 13,000 $ 70,000 $ 40,000 $ 19,000 $ 35,900 $ 72,500 $ 11,000 $ 72,500 $ 42,000 $ 21,000 $ 38,400 $ 85,500 Plant utilities. ............................... Direct labor cost............................. Requirement 1. Compute the predetermined manufacturing overhead rate. Enter the formula for predetermined manufacturing overhead rate, then compute the rate. Estimated yearly overhead costs / Estimated yearly machine hours = Predetermined overhead rate 194,400 7,200 = $ 27 per machine hour Requirement 2. Calculate the allocated manufacturing overhead for the past year. Manufacturing Actual machine hours 6,300 Predetermined overhead rate 27 = = overhead allocated $ 170,100 x $ Requirement 3. Compute the underallocated or overallocated manufacturing overhead. How will this underallocated or overallocated manufacturing overhead be disposed of? First calculate the preliminary manufacturing overhead balance using the T-account. 170,100 Actual indirect materials Actual depreciation on plant and equipment Actual indirect manufacturing labor Actual plant utilities Manufacturing Overhead 50,500 Manufacturing overhead allocated 72,500 42,000 38,400 End Bal 33,300 Close the under- or overallocated overhead to Cost of Goods Sold by journalizing the entry. (Record debits first, then credits. Exclude explanations from any journal entries.)