Elegant Woods manufactures jewelry boxes. The primary materials (wood, brass, and glass) and direct labor are assigned directly to the products. Manufacturing overhead costs are allocated based on machine hours. Data for the year follow: (Click the icon to view the cost data.) Read the requirements. Data table Requirement 1. Compute the predetermined overhead allocation rate. Round to two decimal places. Predetermined Estimated overhead cost $ 206,800 Estimated machine hours 24,500 $ 8.44 allocation per ma Estimated Machine hours Actual 24,500 hours 32,200 hours Maintenance labor (repairs to equipment) $ 19,000 $ 27,500 Requirement 2. Post actual and allocated manufacturing overhead to the Manufacturing Overhead T- Plant supervisor's salary 41,000 46,000 Manufacturing Overhead Screws, nails, and glue 21,000 41,000 Maintenance labor Plant supervisor's salary Screws, nails and glue Plant utilities 42,000 97,850 Freight out 39,000 44,500 Depreciation on plant and equipment 83,800 82,000 Plant utilities Depreciation Advertising expense Bal. Advertising expense 46,000 60,000 Print Done Clear all Check answer