Requirement 1. Compute Metal's predetermined manufacturing overhead rate. Determine the formula to calculate the predetermined overhead rate, then calculate the rate. Estimated yearly overhead costs Estimated yearly machine hours = Predetermined overhead rate 570,000 71,250 $ 8 per machine hour Requirement 2. How much manufacturing overhead was allocated to jobs during the year? Determine the formula to calculate the overhead to be allocated, then calculate the manufacturing overhead allocated. Manufacturing Actual machine hours Predetermined overhead rate overhead allocated 56,000 448,000 Requirement 3. How much manufacturing overhead was incurred during the year? Is manufacturing overhead underallocated or ow empty, do not select a label or enter a zero.) 8 Total manufacturing overhead 1. Compute Metal's predetermined manufacturing overhead rate. 2. How much manufacturing overhead was allocated to jobs during the year? 3. How much manufacturing overhead was incurred during the year? Is manufacturing overhead underallocated or overallocated at the end of the year? By how much? 4. Were the jobs overcosted or undercosted? By how much? Metal Foundy n Denver, Colorado, como predetermined manufacturing overhead nie to allocate eventual o indutus jebe based on the machine hou een begroot so yow they call the mor die tukowy conto vi the cost Requirements Requirement 1. Carrow that predenadming tedate Determine the formula tociculate the pretermined overhead to the calculate the rate 1. Come Multi # How much turg on to masyway ever come dary math. Prededor How mancung wing the years mindrotherde 50.000 20 Dermachine how yearby how Requirement 2. How can we wat during the year 4 were the one by own Delme the formula to overhead button on the manager Narudin Print Done Actualmente hours Premadrettedrale - Overhead loco 48.000 Requirement 3. How much more acting overed was incuned during the year7 is atacung Overhead understocand o venced the one of the year by how many of an epit feel it not und in the opet eroty, do not selectablertera 200) Total manufacturing overhead