Thompson Industries manufactures wooden backyard playground equipment. Thompson estimated $1,785,000 of manufacturing overhead and $2.100,000 of direct labor cost for the year. After the year was over the accounting records indicated that the company had actually incurred $1,720.000 of manufacturing overhead and $2.450,000 of direct labor cost 1. Calculate Thompson's predetermined manufacturing overhead rate, assuming that the comparses direct labor cost as an allocation base 2. How much manufacturing overhead would have been allocated to manufacturing jobs during the year? 3. Al year-end, was manufacturing ovetead overalocated or under located By how much? 1. Calculate Thompson's predetermined manufacturing overhead rate, assuming that the companyies direct labor cost as an allocation base (Round the percentage to the nearest hundredth percent XXX) Predetermind manufacturing overhead role 2. How much manufacturing overhead would have been allocated to manufacturing jobs during the year? (Enter the percentage to the rear hundred percent XX) Manufacturing avendo - 3. At year-end, was manufacturing overhead overallocated or perlocated By how much? (Abbreviation MOH Manufacturing ved Choose from any listo enter any number in the input fields and then continue to the next question Thompson Industries manufactures wooden backyard playground equipment. Thompson 1. Calculate Thompson's predetermined manufacturing overhead rate, assuming that the estimated $1,785,000 of manufacturing overhead and $2,100,000 of direct labor cost for company uses direct labor cost as an allocation base. the year. After the year was over the accounting records indicated that the company had 2. How much manufacturing overhead would have been allocated to manufacturing jobs actually incurred $1.720,000 of manufacturing overhead and $2.450,000 of direct labor during the you? cost 3. A year-end, was manufacturing overhead overallocated or underalocated? By how much? LUM wwwwww hundredth percent, X.XX) Predetermined manufacturing overhead rate 2. How much manufacturing overhead would have been allocated to manufacturing jobs during the year? (Enter the percentage to the newest hundredth percet, XXX) Manufacturing overhead isted 3. At year-end, was manufacturing overhead overallocated or understood by how much(Abbreviation : MOH Manufacturing over) by chal MOH incurred. MOH MOH allocated