Cullumber Company applies manufacturing overhead to jobs on the basis of machine hours used. Manufacturing overhead costs are

estimated to total $$2,304,000$ for the current year and machine usage is estimated at $200,000$ hours.

In January, $$238,080$ of overhead costs are incurred and $22,000$ machine hours are used. For the remainder of the year, $$2,483,200$ of

additional overhead costs are incurred and $214,000$ additional machine hours are worked.

$($a$)$

Your answer is correct.

Compute the manufacturing overhead rate for the year. $($Round answers to $2$ decimal places, e$.$g$.52\mathrm{.}75.)$

Manufacturing overhead rate $ per machine hour

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Attempts: $1$ of $3$ used

$($b$)$

What is the amount of over$-$ or underapplied overhead at January $31?$

overhead