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Moody Corporation uses a job-order costing system with a plantwide overhead rate based on machine- hours. At the beginning of the year, the company made

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Moody Corporation uses a job-order costing system with a plantwide overhead rate based on machine- hours. At the beginning of the year, the company made the following estimates: Mond Machine-hours required to support estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour 100,000 $ 650,000 $ 3.00 Tuesd Required: 1. Compute the predetermined overhead rate. (Round your answer to 2 decimal places.) BU Predetermined overhead rate per MH Wedne 2. During the year, Job 400 was started and completed. The following information was available with respect to this job: Thurs Direct materials requisitioned Direct labor cost Machine-hours used $450 $ 210 40 BI Compute the total manufacturing cost assigned to Job 400. (Round your intermediate calculations to 2 decimal places.) Total manufacturing cost ZI 3-a. During the year, the company worked a total of 146,000 machine-hours on all jobs and incurred actual manufacturing overhead costs of $1,350,000. What is the amount of underapplied or overapplied overhead for the year? (Round your intermediate calculations to 2 decimal places.) Manufacturing overhead cost by

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