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I only need the answer to part c Developing and Using a Predetermined Overhead Rate Assume that the following predictions were made for 2014 for

I only need the answer to part c

Developing and Using a Predetermined Overhead Rate Assume that the following predictions were made for 2014 for one of the plants of Milliken & Company:

Total manufacturing overhead for the year $ 40,000,000
Total machine hours for the year 3,200,000

Actual results for February 2014 were as follows:

Manufacturing overhead $ 4,410,000
Machine hours

410,000

(a) Determine the 2014 predetermined overhead rate per machine hour. (Enteranswer using two decimal places.) $AnswerCorrect 1.00 points out of 1.00 (b) Using the predetermined overhead rate per machine hour, determine the manufacturing overhead applied to Work-in-Process during February. $AnswerCorrect 1.00 points out of 1.00 (c) As of February 1, actual overhead was underapplied by $400,000. Determine the cumulative amount of any overapplied or underapplied overhead at the end of February. $

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