Determine the formula to calculate the predetermined overhead rate, then calculate the rate. Estimated yearly overhead costs + Estimated yearly machine hours Predetermined overhead rate 620,000 77,500 $ 8 per machine hour Requirement 2. How much manufacturing overhead was allocated to jobs during the year? Determine the formula to calculate the overhead to be allocated, then calculate the manufacturing overhead allocated. Manufacturing overhead allocated e machine hours required. At the beginning of the year, the company expected to incur the i Data Table X Manufacturing overhead costs ...... $ 620,000 Direct labor cost ... $ 1,350,000 Machine hours. 77,500 ... ... At the end of the year, the company had actually incurred the following: $ 1,190,000 . --- Direct labor cost ..... Depreciation on manufacturing plant and equipment Property taxes on plant Sales salaries.... Delivery drivers' wages.. Plant janitors' wages... Machine hours..... $ 465,000 $ 19,000 $ 25,500 $ 13,000 $ 10,500 54,500 hours . Print Done