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Need help with blanks please. Mountain Peaks applies overhead on the basis of machine hours and reports the following information: Budget Actual Overhead $300,000 $295,000

Need help with blanks please.

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Mountain Peaks applies overhead on the basis of machine hours and reports the following information: Budget Actual Overhead $300,000 $295,000 Machine hours 60,000 57,000 Direct materials $210,000 Direct labor $350,000 A. What is the predetermined overhead rate? $[:] per machine hour B. How much overhead was applied during the year? $:] machine hours C. Was overhead over or underapplied, and by what amount? Underapplied J $:] Feedback P Check My Work D. What is the journal entry to dispose of the over- or underapplied overhead? If an amount box does not require an entry, leave it blank. Cost of Goods Sold J C] C] Manufacturing Overhead '/ C] C]

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