pter 3 Question 10, P3-51A (similar to) Part 1 of 6 HW Score: 29.23%, 2.92 of 10 points O Points: 0 of 1 Save Root Company produces uniforms. The company allocates manufacturing overhead based on the machine hours each job uses. Root Company reports the following cost data for the past year: (Click the icon to view the cost data.) Read the requirements Requirement 1. Compute the predetermined manufacturing overhead rate. Enter the formula for predetermined manufacturing overhead rate, then compute the rate Predetermined overhead rate (Click the icon to view the cost data.) Read the Data table Requireme Enter the fo Budget Actual Direct labor hours... 7,300 hours 6,400 hours Machine hours... 6,800 hours 6,700 hours Depreciation on salespeople's autos. $ 23,000 $ 23,000 Indirect materials. $ 48,000 $ 54,500 Depreciation on trucks used to deliver uniforms to customers $ 14,000 $ 13,000 Depreciation on plant and equipment.. $ 69,000 $ 70,000 Indirect manufacturing labor... $ 39,000 $ 42,000 Customer service hotline.. $ 18,000 $ 20,500 Plant utilities... Direct labor cost. $ 20,800 $ 23,300 $ 69,000 $ 85,500 Print Done grany reports the following ment 1. Comp formula for pr Requirements 1. Compute the predetermined manufacturing overhead rate. 2. Calculate the allocated manufacturing overhead for the past year. 3. Compute the underallocated or overallocated manufacturing overhead. How will this underallocated or overallocated manufacturing overhead be disposed of? 4. How can managers use accounting information to help control manufacturing overhead costs? Print Done - X