Developing and Using a Predetermined Overhead Rate Assume that the following predictions were made for 2018 for one of the plants of Milliken & Company: Total manufacturing overhead for the year Total machine hours for the year $20,000,000 1,600,000 Actual results for February 2018 were as follows: Manufacturing overhead $ 2,205,000 Machine hours 205,000 (a) Determine the 2018 predetermined overhead rate per machine hour. (Enter answer using two decimal places.) $ 0 (b) Using the predetermined overhead rate per machine hour, determine the manufacturing overhead applied to Work-in-Process during February. $ 0 (c) As of February 1, actual overhead was underapplied by $400,000. Determine the cumulative amount of any overapplied or underapplied overhead at the end of February. $ 0 Check