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Question 17 PROBLEM B (25 points). Please show your computations to receive fuldt Delkoe Corp uses a job order costing system with manufacturing overhead eletto direct labor hours. For the upcoming year, Delkoe Corp estimated total mandatangas and total direct labor hours of 50,000. Delkoe Corp started the year with te brengen Process Inventory or Finished Goods Inventory. During the year actual mandatang medias $512,500 and 49,000 direct labor hours were used. i. Calculate the predetermined overhead rate. ii. Calculate how much manufacturing overhead will be applied to production. ili. Is overhead over- or underapplied? By how much? iv. What account should be adjusted for over- or underapplied overhead States decreased? BI VA - A - I EITXE V G J Nr 12pt Paragraph - 25 pts show your computations to receive full credit. mosting system with manufacturing overhead applied to products on the basis of oming year, Delkoe Corp estimated total manufacturing overhead costat 500 50,000. Delkoe Corp started the year with no beginning balances in either Workin Goods Inventory. During the year actual manufacturing overhead incured was labor hours were used. med overhead rate anufacturing overhead will be applied to production , nderapplied? By how much? be adjusted for over- or underapplied overhead? Should the balance be increased or Paragraph PROBLEM B (25 points). Please show your computations to Delkoe Corp uses a job order costing system with manufacturing direct labor hours. For the upcoming year, Dekoe Cors estrand and total direct labor hours of 50,000. Dekoe Corp started there Process Inventory or Finished Goods Inventory. During the years $512,500 and 49,000 direct labor hours were used. i. Calculate the predetermined overhead rate. ii. Calculate how much manufacturing overhead will be pled place iii. Is overhead over- or underapplied? By how much? iv. What account should be adjusted for over- or underapplied to decreased? B IU A AIER** - Vo G f 12pt