ACC 561 Wk4 assignment, need answers in attachment.

Exercise 15-5 (Part Level Submission) Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $297,124 for the year, and machine usage is estimated at 125,900 hours. For the year, $377,552 of overhead costs are incurred and 130,700 hours are used. Don't show me this message again for the assignment (a) Your answer is correct. Compute the manufacturing overhead rate for the year. (Round answer to 2 decimal places, e.g. 1.25.) $ Manufacturing overhead rate per machine hour 2.36 Don't show me this message again for the assignment Show List of Accounts Show Solution Show Answer Link to Text Link to Text Attempts: 1 of 3 used (b) What is the amount of under- or overapplied overhead at December 31? $ Manufacturing Overhead Don't show me this message again for the assignment Show List of Accounts Link to Text Link to Text Attempts: 0 of 3 used Save for Submit later Answer (c) The parts of this question must be completed in order. This part will be available when you complete the part above