O Smith Foundry in Padelphia, Pennsylvania, es a predetermined manufacturing overhead rate to locatie overhead to individuals based on the machine hours required the beginning of the year. The company expected to Inow the following Tack the icon to view the cou) Read the Requirement 1. ComputeSmith's predetermined manufacturing overhead rate Smith's predetermined manufacturing overhead rate is per machine how Requirement 2. How much manufacturing overhead was allocated to jobs during the year? The amount of manufacturing overhead allocated to jobs during the years Requirement. How much manufacturing overhead was incurred during the year? is manufacturing overhead under overalocated at end of the year? By how much The amount of manufacturing overhead incurred during the year was Manufacturing over Requirement 4 Were the jobs overcosted or undercosted By how much? $ 570,000 Manufacturing overhead costs ..., Direct labor cost .... Machine hours.... $ 1,300,000 . 71,250 jol At the end of the year, the company had actually incurred the following: eal $ 1.200,000 $ 490,000 Laring $ $ $ 21,500 Direct labor cost Depreciation on manufacturing plant and equipment Property taxes on plant Sales salaries. Delivery drivers' wages. Plant janitors' wages. Machine hours. s 23,000 69 16,000 $ 10,500 v mud 54,500 hours