Required Information Chapter 3: Applying Excel The Excel worksheet form that appears below is so be used to recreme part of the example relating to Turbo Car appears earlier in the chapter Chapter 3: Applying Excel Exercise (Part 2 of 2) 2. Change ait of the numbers in the data aree of your worksheet so that it looks A Chapter Applying Essa 2 Alcation base C Machine-hours $ 7 Act man " Actual amount of the location base . If your formules are conect, you should get the correct answers to the following questions (a) What is the Predetermined overhead rate? (Round your answer to 2 decimal places) By how much is the manufacturing overhead underappled or overapplied? Chapter 3: Applying Excel: Exercise (Part 2 of 2) 2. Change all of the numbers in the data area of your worksheet so that it looks like this: A 1 Chapter 3: Applying Excel B C 2 3 Data 4 Allocation base Machine-hours 5 Estimated manufacturing overhead cost $ 012,000 6 Estimated total amount of the allocation base 95,000 machine-hours 7 Actual manufacturing overhead cost $ 905,700 B Actual total amount of the allocation base 89,000 machine-hours If your formulas are correct, you should get the correct answers to the following questions. (a) What is the Predetermined overhead rate? (Round your answer to 2 decimal places.) Predetermined overhead rate per machine-hour (b) By how much is the manufacturing overhead underapplied or overapplied? manufacturing overhead