QUESTION 24 The management of Kotek Corporation would like to investime the possibility of basing its predetermined overhead rate on activitat cupidity rather them of activity for the year. The company's controller has provided an example to illustrate how this new system would work. In this comple, the allocation bastis machine the estimated amount of the allocation base for the upcoming year is 8.000 machine hours. In addition, capacity is 10,000 machine-hours and the actual activity for the years machine hours. All of the manufacturing overhead is fixed and is 56,400 per year. Job 1.775, which required 220 machine hours, is one of the jobs worked on during the you Required: a. Determine the predetermined overhead rate if the predetermined overhead rate is based on activity at capacity. b. Determine how much overhead would be applied to Job L775 if the predetermined overhead rate is based on activity at capacity. c. Determine the cost of unused capacity for the year if the predetermined overhead rate is based on activity at capacity. For the toolbar, presa ALTF10 (PC) O ALT+FN+F10 (Mac) B I Paragraph Arial 14px A2 T v x x 88 t 1992 D 3B E > (1) Save and Submit to be and submit Chick Save All Answers to save all answers Save Al Answers Save a M acer QUESTION 24 The management of Kotek Corporation would like to investime the possibility of basing its predetermined overhead rate on activitat cupidity rather them of activity for the year. The company's controller has provided an example to illustrate how this new system would work. In this comple, the allocation bastis machine the estimated amount of the allocation base for the upcoming year is 8.000 machine hours. In addition, capacity is 10,000 machine-hours and the actual activity for the years machine hours. All of the manufacturing overhead is fixed and is 56,400 per year. Job 1.775, which required 220 machine hours, is one of the jobs worked on during the you Required: a. Determine the predetermined overhead rate if the predetermined overhead rate is based on activity at capacity. b. Determine how much overhead would be applied to Job L775 if the predetermined overhead rate is based on activity at capacity. c. Determine the cost of unused capacity for the year if the predetermined overhead rate is based on activity at capacity. For the toolbar, presa ALTF10 (PC) O ALT+FN+F10 (Mac) B I Paragraph Arial 14px A2 T v x x 88 t 1992 D 3B E > (1) Save and Submit to be and submit Chick Save All Answers to save all answers Save Al Answers Save a M acer