Problem 3-33 Textbook p.102 The following data pertain to the Aquarius Hotel Supply Company for the year just ended: Budgeted sales revenue ....... Budgeted manufacturing overhead Budgeted machine hours Budgeted direct-labour hours. Budgeted direct-labour rate..... Actual manufacturing overhead Actual machine hours........ Actual direct-labour hours Actual direct-labour rate $945,000 650,000 20,000 25,000 $13 $690,000 22,000 26,000 $14 Required: 1. Compute the firm's predetermined overhead rate for the year using each of the following common cost drivers: (a) machine hours, (b) direct-labour hours, and (c) direct-labour dollars. 2. Calculate the overapplied or underapplied overhead for the year using each of the cost drivers listed above