Show Me How Calculator Print item Mountain Peaks applies overhead on the basis of machine hours and reports the following information: Budget Actual Overhead $270,000 $252,000 Machine hours 30,000 27,000 Direct materials $210,000 Direct labor $350,000 A. What is the predetermined overhead rate? per machine hour B. How much overhead was applied during the year? machine hours C. Was overhead over- or underapplied, and by what amount? D. What is the journal entry to dispose of the over or underapplied overhead? If an amount box does not require an entry leave it blank