Robinson Corporation manufactures custom cabinets forThe following information is available as of December 31 kitchens. It uses a normal costing system with two direct 2017. cost categories direct materials and direct manufacturing EEB (Click the icon to view the information.) labor and one indirect-cost pool, manufacturing overhead costs. It provides the following information about manufacturing overhead costs for 2017 Requirement Calculate the underallocated or overallocated click the icon to view the manufacturing overhead cos manufacturing overhead at the end of 2017 and prorate it information for 2017.) to Work-in-Process Control, Finished Goods Control, and Cost of Goods Sold accounts based on the allocated manufacturing overhead in each account balance using normal costing. Begin by calculating the budgeted indirect cost rate. Identify the formula and then calculate the rate. (Assume the cost allocation base is direct labor hours.) Budgeted manufacturing overhead costs 775,000 Budgeted labor hours 31,000 = Budgeted indirect cost rate 25 The manufacturing overhead allocated during the year is $750,000