i have the answers but can you explain why

14) Ryan's Paints allocates overhead based on machine hours. Selected data for the most recent year follow. 14) Estimated manufacturing overhead cost Actual manufacturing overhead cost Estimated machine hours Actual machine hours $300,000 $290,500 20,900 22,700 POHR: 3 900 - $14. 33 Allocated that = $14.35 - 22,700-$325837 Actual mot Overallocated by $35, - The estimates were made as of the beginning of the year, while the actual results were for the entire year. $290, sou (VIIS The manufacturing overhead for the year would have been ? (Round intermediary caleulations to the nearest cent.) A) 535,245 underallocated. B) 59500 underallocated. C) $9500 overallocated D) $45,245 overallocated. 15) Which of the following entries would be made to record the purchase of $37,500 of raw materials on account? 15) A) Accounts payable WIP Inventory 37,500 B) Faw Materials 37,500 Inventory 37,500 Accounts payable C) WIP Inventory 37,500 Accounts payable 37,500 D) Accounts payable 37,500 Raw Materials Inventory 37,500 37 500