Problem 20-04A a-c (Video) Cullumber Company uses a job order cost system in each of its three manufacturing departments. Manufacturing overhead is applied to jobs on the basis of direct labor cost in Department D, direct labor hours in Department E, and machine hours in Department K In establishing the predetermined overhead rates for 2020, the following estimates were made for the year. Department Manufacturing overhead Direct labor costs Direct labor hours Machine hours $1,280,000 $1,500,000 $840,000 $1,600,000 $1,312,500 $472,500 42,000 120,000 125,000 525,000 105,000 420,000 During January, the job cost sheets showed the following costs and production data Department Direct materials used Direct labor costs Manufacturing overhead incurred Direct labor hours Machine hours $147,000 $132,300 $81,900 $126,000 $115,500 $39,37!5 $103,950 $105,000 $82,950 3,675 47,250 10,380 8,400 35,700 11,550 Compute the predetermined overhead rate for each department. (Round answers to 2 decimal places, e.g. 12.50 or 12.50%.) Compute the predetermined overhead rate for each department. (Round answers to 2 decimal places, e-g, 12.50 or 12.50%.) Overhead rate Department D Department E Department K d per direct labor hour per machine hour LINK TO TEXT LINK TO TEXT Compute the total manufacturing costs assigned to jobs in January in each department. Manufacturing Costs Department D Department E Department K LINK TO TEXT LINK TO TEXT Compute the under- or overapplied overhead for each department at January 31 Manufacturing Overhead Department D, Department E Department K LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR PROBLEM Carla Vista Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to total $338,040 for the year, and machine usage is estimated at 125,200 hours For the year, $368,350 of overhead costs are incurred and 132,500 hours are used (a) Your answer is correct. Compute the manufacturing overhead rate for the year. (Round answer to 2 decimal places, e.g. 1.25.) Manufacturing overhead rate 2.7 per machine hour SHOW LIST OF ACCOUNTS SHOw sO LUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 1 of 3 used (b) What is the amount of under- or overapplied overhead at December 31? Manufacturing Overhead