The Vaughn Company sells batches of custom-made futons to customers and uses predetermined rates for fixed overhead, based on machine hours. The following data are available for last year: Budgeted and actual fraxed factory overhead cost $ 163,800 Budgeted machine hours 91,000 Actual machine hours used 100,500 Machine Hours Used Job 20 10.100 Job 21 17.400 Job 22 14,700 Job 23 8,100 (a) Compute the estimated overhead allocation rate to be used for the year. (Round to 2 decimal places, es 15.25.) Overhead estimated allocation rate $ per machine hour eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer (b) Determine the overhead to be allocated to Job 21 Overhead alocated to Job 21 $ Textbook and Media Save for later Attempts: 0 of 3 used Submit Answer (0) Determine total overapplied or underapplied overhead at the end of the year. Overhead is $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer (d) Should cost of goods sold be increased or decreased at the end of the year? Cost of goods sold should be eTextbook and Media Save for Later Attempts: 0 of 3 used Submit