7. Brown Inc. uses machine hours for its predetermined overhead rate. For the year, Brown overapplied manufacturing overhead cost of $2,600. The additional information for the last below. Estimated machine hours for the year Actual machines hours for the year 17,300 MH 16,700 MH $352,960 Actual manufacturing overhead costs The amount of overapplied manufacturing overhead costs $2,600 Overhead rate must have been: The estimated manufacturing overhead, at the beginning of the year used in the predetermined Est. Molt MOH A. $362,948 POHR: Activity 350960 355560 B. $355,560 C. $365,641 POHR- Est MOH 17300 D. $368,335 E. None of the above 355560 20.55 HRE1 1 2600 17300 8. White Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. Sales units 7,000 Cost of goods sold Selling and Administrative costs Selling price per unit 6,000 $457,800 $621,000 $180 $510,800 $639,000 $180 The best estimate of the net operating income if 6,300 units are sold is: A. $1,200 B. $31,200 C. $33,900 D. $39,300 E. None of the above