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Millefeuille Company applies operating overhead to photocopying jobs on the basis of machine hours used. It expects overhead costs to total $293,755 for the year

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Millefeuille Company applies operating overhead to photocopying jobs on the basis of machine hours used. It expects overhead costs to total $293,755 for the year and estimates machine usage at 119,900 hours. For the year, the company incurs $292,800 of overhead costs and uses 121,100 hours. (a) Your answer is correct. Calculate the service overhead rate for the year. (Round answer to 2 decimal places, e.g. 15.25.) Service overhead rate $ 2.45 per machine hour e Textbook and Media List of Accounts Attempts: 1 of 3 used (b) Calculate the amount of under-or over-applied overhead at December 31. Overhead $

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