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Edwards Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected $1, 600,000 for the year, and machine

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Edwards Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected $1, 600,000 for the year, and machine usage is estimated at 200,000 hours. In January, $166,000 of overhead costs are incurred and 22,000 machine hours are used. For the remainder of the year, $1, 730,000 of additional overhead costs are incurred and 214,000 additional machine hours are worked. (a) Compute the manufacturing overhead rate for the year. (b) What is the amount of over- or underapplied overhead at January 31? (c) What is the amount of over- or underapplied overhead at December 31? Sonoma Manufacturing has five activity cost pools and two products (a budget tape vacuum and a deluxe tape vacuum). In is presented below: Compute the overhead cost per unit for each product. Production is 700,000 units of Budget and 200,000 units of Deluxe. Round your answer to the nearest cent

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