ew 100% Sa History Bookmarks People Tab Window Help Do Homework - Michael Brose mathxl.com/Student/PlayerHomework.aspx?homeworkld=554808889&questionld1&flushed=false&cid=5867421¢erwinayos wnload ACC241 - Spring 2020, Sections 10615, 19652, 12490 Michael Brose & 02/01/20 7:54 PM m3 Homework: HW #2 - Chapter 3 Save 2 of 10 (2 complete) HW Score: 10%, 1 of 10 pts Score: 0 of 1 pt X S3-9 (similar to) Question Help Jackson Industries manufactures wooden backyard playground equipment Jackson estimated $1,860,000 of manufacturing overhead and $2,180,000 of direct labor cost for the year. After the year was over the accounting records me indicated that the company had actually incurred $1,740,000 of manufacturing overhead and $2,600,000 of direct labor cost. 1. Calculate Jackson's predetermined manufacturing overhead rate, assuming that the company uses direct labor cost as an allocation base. 2. How much manufacturing overhead would have been allocated to manufacturing jobs during the year? 3. At year-end, was manufacturing overhead overallocated or underallocated? By how much? et In ss 1. Calculate Jackson's predetermined manufacturing overhead rate, assuming that the company uses direct labor cost as an allocation base. (Round the percentage to the nearest hundredth percent, X.XX.) Predetermined manufacturing Estimated manufacturing overhead costs/ Overhead rate 1,860,000 2,180,000 106.90 che