Nagham Manufacturing is a small manufacturer that uses machine hours as its activity base for assigning overhead costs to jobs. The company estimated the following amounts for 2013 for the company and for Job 52:

During 2013, the actual machine hours totaled 84,000, and actual overhead costs were $71,000.
Requirements 1. Compute the predetermined overhead rate.
2. Compute the total manufacturing costs for Job 52.
3. How much overhead is over- or underallocated for the year for the company? State the amount and whether it is over- or underallocated.

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Direct materials Direct labor Manufacturing overhead costs Machine hours Company $ 60,000 $ 25,000 $ 72,000 80,000 Job 52 $ 4,500 $2,500 B 1,350