Developing and Using a Predetermined Overhead Rate Assume that the following predictions were made for last year for one of the plants of Milliken \& Company: Actual results for February were as follows: (a) Determine the predetermined overhead 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. q (c) As of February 1, actual overhead was overapplied by $35,000. Determine the cumulative amount of any overapplied or underapplied overhead at the end february. $