The Zat Radiator Compary uses a normal-costing system with a singie manufacturing overhead cost pool and machine-hours as the cost-allocation base. The tollowing data are for 2020 : (Click the ioon to view the following data.) Read the requiremants. Requirement 1. Compute the budgeted manufacturing overthead rate for 2020 : Begin by selecting the formula you will use: Then, enter the amounts and calculate the fate: Requirement 2. Dompule tha under-or overalocated manufacturing overthead of Zaf Radkator in 2020. Begin by selecting the fotmula you will use. Next, enter the amounts in the formula and oompute the under- or overalocated markfactiring overhead. (Use parentheses or a minus sign when entering overallocalod arnourts.) a. Adjust for this amount using a write-olf to Cost of Goods Sold. Show the account baiances after the write-off. b. Adust tor the amount usity a proration basod on ending balances (before proration) in Werkin-Process Control, Finished Goods Control, and Cost of Coods Sold. Begin by selecing the formula to calculate the adjustment to each aocount. Thon onter the amounts in the formula. (Enter the proportions as a tecinal fo threo docimal places, "X. XXCX" Use a minus sign or parentheses to show overalocatod amounts and axdustrments to be subtracted.) Now enter the account balances after the write-off. c. Adjust for the amount using a proration based on the overhead allocated in 2020 (before proration) in the ending balances of Work-in-.Process Control, Finished Goods Control, and Cost of Goods Sold. Bogin by selocting the formula to calculate the adjusiment to each accourit. Then enter the anounts in the fomula, (Enter the proportions as a decirnal to three docimal places. "X.XXXC" Use a minus fign or parentheses to showv overalocated amounts and actustmeints fo be subtracfevf. Now enter the account balances after the write-off. Machine-hours data and the ending balances (before proration of under-or overallocated overhead) are as follows: Actual Machine-Hours 2020 End-of-Year Balance \begin{tabular}{lc|c|c|c|} \hline Cost of Goods Sold & 75,000 & 9,750,000 \\ Finished Goods Control & 18,000 & 2,275,000 \\ Work-in-Process Control & 7,000 & 975,000 \end{tabular}