Stanley Burrell founder of a company named Hammer Time Inc. Hammer Time Inc produces specialty functional novelty hammers in the image of Stanley Burrell himself, aka MC Hammer. The three best-selling/most popular products sold by Hammer Time Inc. are Hammer Head Hammers, Hammer Pants Hammers, and Please Hammer Don't Hurt 'Em Mini Hammers.

Hammer Time Inc. uses the actual total factory overhead costs from the prior year (corresponding month) to estimate the total factory overhead costs. It is done by taking last year's actual costs (same month) and increasing them by 8%.

Actual Total Factory Overhead costs October '18 = $3,000,000

For the month of October '19 for the production in the 2 Legit Warehouse

Estimated Machine Hours = 128,000

Hammer Head Hammers = 50,300 machine hours

Hammer Pants Hammers = 41,200 machine hours

Mini Hammers = 27,300 machine hours

Actual Total Factory Overhead costs October '19 = $3,130,560

A. What is the predetermined overhead rate?

B. If the predetermined factory overhead rate was applied to the three products in March what would be the under/over applied factory overhead once the actual factory overhead cost was known?

C. Using the data from how much factory overhead would be applied to Hammer Pants Hammers?