Developing and Using a Predetermined Overhead Rate Assume that the following predictions were made for the year for one of the plants of Malliken a Compary: Actual results for february the year were as follows: (a) Determine the the year predetermined everhead rate per machine hour. (Enter answer using two decimal places.) (b) Using the predetermined overhead rate per machine hour, determine the manufacturing overhead applied to Work-in-Process during February. (ci As of february T, actual overhead was underapplied by 3400,000 . Determne the cumulative amount of ary overapplied or underapplied overhead at the end of Febru