Question Completion Status Moving to the next question prevents changes to the answer Question 3 You are the accountant for Mon Inc. a manufacturer of automobiles Mon Inc. applies overhead using a predetermined overhead rate based on dead about hours, Alberning year, manufacturing overhead was estimated to be $700,000, machine hours were estimated to be 125.000 hours and direct labour hours were maled to be 500.000 by the end of the year, the company actually used 128,000 machine hours, 516,000 direct labour hours and incurred 5712.000 in manufacturing overed couts Part 1 Compute the company's pre-determined overhead tato (round two decimal place) Part 2 Determine the amount and indicate if the overhead in under-applied or oww.acolod for own period Part 3 How wil the adjustment to fix the under-applied or over-appled evertoad tom Part 2 mpact not nome? income or Decreme?) Moving to the rest question prevents changes to this o G 05 10 Type here to search