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Question 27 Graham Manufacturing is a small manufacturer that uses machine-hours as its activity base for designed overhead cost to jobs. The company estimated the following amounts for 2019 for the company and for Job 621 Company Job 62 Direct materials $60,000 34,500 Direct labor 125,000 2.300 Manufacturing overhead costs $72,000 Machine hours 90,000 1.350 During 2019, the actual machine-hours totaled $5,000, and actual overhead costs were 571,000, ES Compute the predetermined overhead rate. (Round answer to 2 decimal places, e.g. 52.75.) Exam - 202 ol on 2 Predetermined overhead rate $ per machine hour on 4 on 5 Compute the total manufacturing costs for Job 62. Total manufacturing costs $ How much overhead is over or underapplied for the year for the company? State amount and whether it is over- or underapplied Overhead Con 2 on 8 009 on 10 on 11 on 12 on 13 on 14 on 15 on 16 on 17 Ion 18 on 19 on 20 on 21 on 22 on 23 on 24 $ If Graham Manufacturing sells Job 62 for $14,000, compute the gross profit Gross profit $ Click if you would like to Show Work for this question: Open Show Work on 26 Con 27