Predetesmined Overhead flate, Ovahead Varances, Journal Entries The expected overhead far the year was $6,000,000, and the practical level of activity is 400,000 mochire hours. Dunno the yeat, Crang uved 406,500 machine hours and inouned actual overbod costs of 56,011,500. Craig alvo had the following balances of applied overhead in its accounts: kequirea! 1. Compute a siedetermined overhead rate for Craig Mound your answer to the nearest cent. per muchine hour 2. Compute the overtead variance, and label tit as under ec everappled. 1. Predetemmed of nite - Budgeted annual oserhead = Budoeted annual driver level roned v, What 1. Prodetermined OH rate = budgeted annual overhead + Budoted anewal driver level 2. Calcalate sven or underapphed by sobtracting Applied DH from Actuat OH Predetesmined Overhead flate, Ovahead Varances, Journal Entries The expected overhead far the year was $6,000,000, and the practical level of activity is 400,000 mochire hours. Dunno the yeat, Crang uved 406,500 machine hours and inouned actual overbod costs of 56,011,500. Craig alvo had the following balances of applied overhead in its accounts: kequirea! 1. Compute a siedetermined overhead rate for Craig Mound your answer to the nearest cent. per muchine hour 2. Compute the overtead variance, and label tit as under ec everappled. 1. Predetemmed of nite - Budgeted annual oserhead = Budoeted annual driver level roned v, What 1. Prodetermined OH rate = budgeted annual overhead + Budoted anewal driver level 2. Calcalate sven or underapphed by sobtracting Applied DH from Actuat OH