turin Data table Budget Actual X rhe Direct labor hours 7,600 hours 6,100 hours Machine hours 7,200 hours 6,300 hours Depreciation on salespeople's autos 23,000 $ 23,000 Indirect materials .$ 48,500 $ 50,500 Depreciation on trucks used to deliver uniforms to customers 13,000 $ 11,000 Depreciation on plant and equipment 70,000 $ 72,500 Indirect manufacturing labor 40,000 $ 42,000 Customer service hotline $ 19,000 $ 21,000 Plant utilities Direct labor cost 35,900 $ 38,400 72,500 $ 85,500 Print Done head e, then Requirements 1. Compute the predetermined manufacturing overhead rate. 2. Calculate the allocated manufacturing overhead for the past year. 3. Compute the underallocated or overallocated manufacturing overhead. How will this underallocated or overallocated manufacturing overhead be disposed of? 4. How can managers use accounting information to help control manufacturing overhead costs? Print Done X Requirement 1. Compute the predetermined manufacturing overhead rate. Enter the formula for predetermined manufacturing overhead rate, then compute the rate. + =Predetermined overhead rate Estimated yearly direct labor cost Estimated yearly direct labor hours Estimated yearly machine hours Estimated yearly overhead costs