considers machine hours to be the cost driver of manufscturing overhead costs Read the regirtments. 1. What is Unde Bruce's plarkwide overhesd rate? Delemine the formula for calculating the plantwide overhead rate, then calculate the fale. 2. Calaulate the departmental ovethead rates for Uncle Bruce's three production lines. Round all antwers to the nearest cent Begin by dolemining the focmula for coloulating a departmerts cverhead rote. then calculate the cverhead rales for each department. 1. Which products have been overcosted by the planteide role? Which products have been undersested by the clantaide rale? For each prosuct, select f it was overcosted or underuosted by vaing the plantwide rate. Requirements 1. What is Uncle Enucers planliwide overnead rate? 2. Calculate the departmental overtesd rates for Uncle Buicers thires production Ines. Round all anvesen to the nearest cent. 1. Which products have been evercosted by the plantwide rate? Which products have been undercosted 6y the piantalde rate