Seven Seas Apparel Company uses normal costing, and manufacturing overhead is applied to work-in-process on the basis of machine hours. On January I of the current year there were no balance in work-in-process or nished goods inventories. The following estimates were included in the current year's budget: Total budgeted manufacturing overhead 3175.500 Total budgeted machine hours 87,750 During January. the rm began the following production jobs: -In_ During January, job numbers A79 and A80 were completed (i.e.. A81 has n_ot been completed) and job number A79 was sold. Assume that the record of overhead was updated promptly. 1. Determine the predetermined overhead rate (POH R). Your answer 2. Calculate the COGM (cost of goods manufactured) for January. Your answer 3. The actual manufacturing overhead incurred during January was $13,500. Regarding the balance of manufacturing overhead account for January, which of the following is correct? 3. The actual manufacturing overhead incurred during January was $13,500. Regarding the balance of manufacturing overhead account for January, which of the following is correct? O $500 was underapplied $3,100 was underapplied O $3,100 was overapplied O $500 was overapplied O AAll.three-questions.are-based on the.following .information:] St. .Mary, Inc. currently-uses.traditional costing.procedures, applying.$520,000-of overhead.to. products.Beta-and .Zeta on the.basis of direct.labor.hours. .The company .is considering a.shift. to.activity-based.costing .(ABC).and.the creation of individual.cost.pools.that.will use-direct. labor.hours .(DLH).and number of.parts.components .(PC).as cost.drivers. .Data on the-cost. pools.and.respective.driver.volumes .follow.1 Producta Pool.No.1 (Driver: 'DLH). Pool.No. 2.(Driver: PC)a Betaa 1,200a 2,250a Zetaa 2,800a 750p a a a Pool.Costa $160,000a $360,000a 1. Find POHR when St. Mary continues to use traditional costing system. Please assume that all direct labors are used for Beta and Zeta production. Your answer 2. The overhead cost allocated to Beta by using traditional costing procedures would be Your answer 3. The overhead cost allocated to Beta by using ABC would be Your answer O <