Answer C. *Please show your work on how you got the answer* Developing and Using a Predetermined Overhead Rate Assume that the following predictions were made for 2009 for one of the plants of Milliken & Company:

Total manufacturing overhead for the year	$44,000,000
Total machine hours for the year	2,000,000

Actual results for February 2009 were as follows:

Manufacturing overhead	$5,510,000
Machine hours	310,000

(a) Determine the 2009 predetermined overhead rate per machine hour. $44000000/2000000 = 22 per MH

(b) Using the predetermined overhead rate per machine hour, determine the manufacturing overhead applied to Work-in-Process during February. 310000*22 = $6820000

(c) As of February 1, actual overhead was underapplied by $500,000. Determine the cumulative amount of any overapplied or underapplied overhead at the end of February.

$___________

6820000-5510000 = 1670000

$1670000-500000 = 1170000 Over applied <- From previous Chegg tutor answer. This is incorrect.