The Solar Radiator Company uses a normal$-$costing system with a single manufacturing overhead cost pool and machine$-$hours as the cost$-$allocation base. The following data are for $2($Click the icon to view the following data.$)$

Read the requirements.

Requirement $1.$ Compute the budgeted manufacturing overhead rate for $2020.$

Begin by selecting the formula you will use. Then, enter the amounts and calculate the rate.

$\backslash$table$[[$Budgeted manufacturing overhead,,,,,$],[$$$4,875,000,+,$Budgeted machine$-$hours,,Budgeted manufacturing$],[,+,65,000,=,75,]]$

Requirement $2.$ Compute the under$-$ or overallocated manufacturing overhead of Solar Radiator in $2020.$

Begin by selecting the formula you will use. Next, enter the amounts in the formula and compute the under$-$or overallocated manufacturing overhead. $($Use parentheses or a minus sign w entering overallocated amounts.$)$

$\backslash$table$[[$Manufacturing overhead incurred,,Manufacturing overhead allocated,,$\backslash$table$[[$cturing overhead$],[$ated $($overallocated$)]]],[$$$,4,975,000,,4,500,000,=$$$,475,000]]$

a$.$ Adjust for this amount using a write$-$off to Cost of Goods Sold. Show the account balances after the write$-$off.

Account Balance

After Proration

$\backslash$table$[[,$After Proration$],[$Cost of Goods Sold,$$,11,100,000$