puy 4. Lynch Audio produces stereo components for a major automotive stereo manufacturer. It currently uses the machine hour method of applying factory overhead to production. Information for the previous year follows: Factory overhead Direct labor hours @ $10 per hour Machine hours Budgeted amounts $3,000,000 250.000 750,000 Actual amounts $3,050,000 248,000 735.000 During the year, Lynch produced a new product, Super Tweeters, which involved $27,000 of material, 3,100 direct labor hours and 4,500 machine hours. a. Compute the predetermined factory overhead rate. b. Compute the amount of under- or overapplied factory overhead. c. Determine the cost of the Super Tweeter job. puy 4. Lynch Audio produces stereo components for a major automotive stereo manufacturer. It currently uses the machine hour method of applying factory overhead to production. Information for the previous year follows: Factory overhead Direct labor hours @ $10 per hour Machine hours Budgeted amounts $3,000,000 250.000 750,000 Actual amounts $3,050,000 248,000 735.000 During the year, Lynch produced a new product, Super Tweeters, which involved $27,000 of material, 3,100 direct labor hours and 4,500 machine hours. a. Compute the predetermined factory overhead rate. b. Compute the amount of under- or overapplied factory overhead. c. Determine the cost of the Super Tweeter job