I nis question: 5 point(s) possible ring Brooks Foundry uses a predetermined manufacturing overhead rate to allocate overhead to individual jobs based on the machine hours required. At the beginning of the year, the company expected to incur the following: cate (Click the icon to view the beginning of the year information.) urred At the end of the year, the company had actually incurred the following: by ho (Click the icon to view the ending of the year information.) Requirements 1. Compute Brooks's predetermined manufacturing overhead rate. 2. How much manufacturing overhead was allocated to jobs during the year? 3. How much manufacturing overhead was incurred during the year? Is manufacturing overhead underallocated or overallocated at the end of the year? By how much? A Were the jobs overcosted or undercosted? By how much? ed ma Requirement 1. Compute Brooks's predetermined manufacturing overhead rate. - X ined Determine the formula to calculate the predetermined overhead rate, and then calculate the rate. (Round your answer to the ne End of the year information Beginning of the year information . X Direct labour cost $ 1,200,000 Be Requirement 2. How much manufacturin Depreciation on manufacturing plant and equipment 571,500 Select the labels for the formula to calcul Manufacturing overhead cost . $ 729,000 Property taxes on plant 22,000 head allocate Direct labour cost Sales salaries 23,000 . . . 1,600,000 Machine hours 81,000 hours Delivery drivers' wages 17,000 Plant janitors' wages 11,500 Requirement 3. How much manufacturin allocated or Machine hours . . . . . . . . . . . . . . . . . .. ...- 66,000 hours Complete the following table to determine Print Done Print Done