Superior Uniforms produces uniforms. The company allocates manufacturing overhead based on the machine hours each job uses. Superior Uniforms reports the following cost data for the past year: (Click the icon to view the cost data.) Requirements 1. Compute the predetermined manufacturing overhead rate. 2. Calculate the allocated manufacturing overhead for the past year. 3. Compute the underal located or overallocated manufacturing overhead. How will this underallocated or overallocated manufacturing overhead be disposed of? 4. How can managers use accounting information to help control manufacturing overhead costs? Data table -(---) Direct labour hours Enter the formula, then compute the rate. (Round your answer to the nearest whole dollar.) Predetermined overhead rate Machine hours Budget 7,800 hours 6,900 hours Actual 6,300 hours 6,700 hours Depreciation on salespeople's per machine hour Autos $ 23.000 Requirement 2. Calculate the allocated manufacturing overhead allocated for the past year. Indirect materiale 53,000 $ 23,000 56.500 Manufacturing overhead allocated Depreciation on trucks used to deliver uniforms to customers Depreciation on plant and equipment 16.000 13,500 68,000 70,000 Requirement 3. Compute the underallocated or overallocated manufacturing overhead. How will this underallocated or overaliccated manufacturing overhead be disposed of? First, calculate the preliminary manufacturing overhead balance using the T-account. (Enter amounts in the order they appear in the cost data. Leave any unused cells blank.) Manufacturing Overhead Plant utilities Direct labour ocat Indirect manufacturing labour Customer service holine 43,000 47.000 2,300 7,300 22.300 26,300 74.500 89,500 Close the underallocated or overaliccated overhead to cost of goods sold by joumalizing the entry. (Record debits first, then credits. Explanations are not required.) Date Journal Entry Accounts Debit Credit Print Done - x