Root Woods manufactures jewelry boxes. The primary materials (wood, brass, and glass) and direct labor are a (Click the icon to view the cost data.) Requirements 1. Compute the predetermined overhead allocation rate. 2. Post actual and allocated manufacturing overhead to the Manufacturing Overhead T-account. 3. Prepare the journal entry to adjust for underallocated or overallocated overhead. 4. The predetermined overhead allocation rate usually turns out to be inaccurate. Why don't accountants just us Requirement 1. Compute the predetermined overhead allocation rate. (Enter the rate to the nearest cent.) Predetermined overhead Estimated overhead cost Estimated machine hours allocation rate 218,100 26,000 $ 8.39 per machine hour Requirement 2. Post actual and allocated manufacturing overhead to the Manufacturing Overhead T-account. (U the last line.) = 1 1 = Manufacturing Overhead 25,500 218,100 50,000 44,000 92,850 83,000 77,250 Enter any number in the edit fields and then click Check Answer. 2 parts remaining ctual manufacturing overhead rate? Data Table Estimated Actual he fil the 32,700 hours $ $ 25,500 50,000 Machine hours Maintenance labor (repairs to equipment) Plant supervisor's salary Screws, nails, and glue Plant utilities Freight out Depreciation on plant and equipment Advertising expense 26,000 hours 18,000 49,000 22,000 43,000 38,000 86,100 44,000 92,850 48,500 83,000 46,000 53,000 Print Done Clear All C