Budgeted manufacturing overhead rate, allocated manufacturing overhead. Waheed Company uses normal costing. It allocates manufacturing overhead costs using a budgeted rate per machine-hour. The following data are available for 2008:

Budgeted manufacturing overhead costs                                           $4,000,000

Budgeted machine-hours                                                                     200,000

Actual manufacturing overhead costs                                                $3,860,000

Actual machine-hours                                                                          195,000

1. Calculate the budgeted manufacturing overhead rate.

2. Calculate the manufacturing overhead allocated during 2008. .

3. Calculate the amount of under- or over allocated manufacturing overhead.