The following selected cost data is available for Turin Company for $20$X$2.$

The company's job order costing system has a single manufacturing overhead rate that it applies to

production based on machine hours. Any amount of underapplied or overapplied manufacturing

overhead is considered insignificant.

REQUIRED: $(1)$ Using the attached form, compute the company's predetermined

manufacturing overhead rate that it should use to apply manufacturing.

overhead to production. Round your answer to two decimal places.

$(2)$ Using the attached form, prepare a T account for MOH Control, show all

entries that should be made to this account to record the information for

manufacturing overhead, and determine the ending balance in the account.

Round all calculations to the nearest whole dollar.

$(3)$ Using the attached form, compute the amount of underapplied or overapplied

manufacturing overhead. Be sure to indicate whether it is under$-$ or

overapplied,

$(4)$ Using the attached form, discuss how the company should dispose of the

under$-$ or overapplied manufacturing overhead based upon the information

given in the problem.