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Pablo J. Inc. has always used machine hours to assign manufacturing overhead to products. Actual and estimated data for manufacturing overhead, direct labor cost, direct

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Pablo J. Inc. has always used machine hours to assign manufacturing overhead to products. Actual and estimated data for manufacturing overhead, direct labor cost, direct labor hours, and machine hours for the most recent fiscal year are summarized here: Required 1. Using the current allocation base compute: 1. Predetermined overhead rate. 2. Applied manufacturing overhead. 3. Over or underapplied overhead. 2. Repeat 1. for direct labor hours. 3. Repeat 1. for direct labor dollars. 4. Would you suggest them to change? Why or why not

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