6. Ryan's Paints allocates overhead based on machine hours. Selected data for the most recent year follow. Estimated manufacturing overhead cost $235,000 Actual manufacturing overhead cost $244,000 Estimated machine hours 20,000 Actual machine hours 22,500 The estimates were made as of the beginning of the year, while the actual results were for the entire year. (a) Calculate the predetermined manufacturing overhead rate per machine hour. (2 marks) (b) The amount of manufacturing overhead allocated for the year based on machine hours would have been? (1 mark) (c) Prepare the adjusting entry to correct the under or over allocation of manufacturing overhead for the year. (2 marks) *