Logan Products computes its predetermined overhead rate annually on the basis of machine-hours. At the beginning of the year, it estimated that its total manufacturing overhead would be $353,500 and machines would be run a total of 22,500 hours. Its actual total manufacturing overhead for the year was $341.400 and its actual total machine hours was 22.000 hours. Required: Compute the company's predetermined overhead rate for the year, calculate the total overhead applied, and determine the amount of under-or overapplied overhead in the year. (Round your predetermined overhead rote to 2 decimal places.) Predobormined overhead to Upon which of the following does managerial accounting place considerable weight? Multiple Choice Generally accepted accounting principles The financial history of the entity Ensuring that all transactions are properly recorded Detailed segment reports about departments, products, and customers