Normal costing is used to allocate manufacturing overhead to jobs using machine hours as the allocation base.

Budgeted manufacturing overhead $450,000 Budgeted machine hours 25,000 hours Actual manufacturing overhead $458,000 Actual machine hours 23,000 hours

a. Calculate the predetermined manufacturing overhead rate per machine hour? b. Calculate the manufacturing overhead allocated to production and prepare the journal entry to record the allocation. c. Calculate the amount of under- or over-allocated overhead. d. Ending inventory and Cost of Goods Sold balances are as follows: Materials Inventory $ 10,000 Work in Process 12,000 Finished Goods 9,000 Cost of Goods Sold 129,000 Assuming the under- or over-allocated overhead is considered large (significant), prepare the journal entry to prorate it to the appropriate accounts