k, Ch 3 Help Sa Harwood Company uses a job -order costing system that applies overhead predetermined overhead rate of $2.90 per machine-hour was based on a cost formula that estimates overhead for an estimated activity level of 85,000 machine-hours. cost to jobs on the basis of machine-hours. The companys 1. Ass and make the entry in your T-accounts. 2B. Prepare company works only 80,000 machine-hours and incurs the following costs in the Manufacturing that during the year the and Work in Process accounts: Compute the amount of overhead cost that would be appled to Work in Process for the year the amount of underapplied or overapplied overhead for the year and show the balance in your Manulecturing a journal entry to close the company's underapplied or overapplied overhead to Cost of Goods Sold. Req 1 Req 2A Req 28 of Direct labor) (Overhead) (a) 6000 86 000 re to search