urs in its predetermined overhead rate. At the beginning of the year, Was $224,580. At the end of the vear, actual direct labor-hours for direct labor-ho the total estimated manufacturing overhead A the year were 18,200 hours, manufacturing overhead for the year manufacturing overhead was $219,580. The to: A. $11.40 per machine-hour B. $12.34 per machine-hour C. $12.06 per machine-hour D. $10.53 per machine-hour predetermined overhead rate for the year must have been closest 8. Wert Corporati overhead to jobs. Last level of activity was 50,000 direct labor-hours. The company's direct labor wage rate is $12 per manufacturing overhead amounted to $1,240,000, with actual direct labor cost of $650,000. For the year, manufacturing overhead was: A. overapplied by $60,000 B. underapplied by $60,000 C. overapplied by $40,000 D. underapplied by $44,000 ion uses a predetermined overhead rate based on direct labor cost to apply manufacturing year, the company's estimated manufacturing overhead was $1,200,000 and its estimated hour. Actual 9The Work in Process inventory account of a manufacturing finn shows a balance of $3,000 at the end of an accounting period. The job cost sheets of two uncompleted jobs show charges of $500 and S300 for direct materials, and charges of $400 and $600 for direct labor. From this information, it appears that the company is using a predetermined overhead rate, as a percentage of direct labor costs, of A. 83% B.120% C. 40% D. 300%