Marge Company allocates manufacturing overhead to jobs based on machine hours. Just before the current accounting period, Marge estimated that total manufacturing overhead costs would amount to $1,611,836 and total machine hours would amount to 15,206. During the year, the actual manufacturing overhead was $1,740,000 and the actual number of machine hours was 15,100.

Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. a) What is the predetermined overhead rate that Marge Company used to allocate manufacturing overhead to production? Predetermined Overhead Rate: Answer b) Was manufacturing overhead over or under-allocated during the year? AnswerOver-allocatedUnder-allocated: Answer