Problem #3 - Chapter 3 (16 points) Duff's Brewery uses normal costing. Its job-costing system has a single manufacturing overhead cost pool. Costs are allocated to jobs using a budgeted machine-hour rate. Any amount of under-or overallocation is written off to cost of goods sold. Below is the cost data for this problem: Budgeted manufacturing overhead Budgeted machine-hours Budgeted labor hours Actual manufacturing overhead Actual machine hours Actual labor hours $900,000 36,000 20,000 $804,000 32,500 23,000 A) Compute the budgeted manufacturing overhead rate (4 pts) B) Prepare the journal entry applying the overhead (4 pts) C) Compute the amount of under- or overapplied of manufacturing overhead and state if it is under or overapplied (4 pts) D) Prepare the journal entry for disposing the under-or overapplied overhead to COGS (4 pts)