The Zero Radiator Company uses a normal-custing systein with a single manufacturing overhead cost pool and machine-hours as the cos alocation base. The following data are for 2017: (Click the icon to view the following data) Read the requirements. Requirement 1. Compute the budgeted manufacturing overtiesd rate for 2017. Hegin by selecting the formula you will use. Then enter the amounts and calculate the rate Budgeted manufacturing Overhead rate X = Data Table 1 = Requirements Budgeted manufacturing overhoed costs $ 4,800 000 Overhead allocation base Machine hours Budgeted machine-hours 20,000 Manufacturing anrhand cats incurred $ 4.900.000 Actual machine lours 75,000 Machine-hours data and the ending balances before proration of under-or oversllocated overhead) are se follows: Actual Machine Hours 2017 End-of-Year Balance Coat of Coods Sold 60,000 $ 8,000,000 Finished Goods Control 11.000 1,250.000 Work-in-Process Control 4.000 750 000 1. Campute the budgeted manufacturing overhead rate for 2017 2. Compute the under-or overallocated manufacturing overhead of Zero Radiator in 2017. Dispose of this around using the following a. Write-off to Cost of Goods Sold b. Proration based on ending balances before proration) in Work-in-Process Control, Finished Goods Control, and Oost of Goods Sold C. Proration based on the overtread allocated in 2017 (before proration) in 7 ) the ending balances of Work-in-Process Control, Finished Goods Control, and Cost of Goods Sold 3. Which method do you prefer in requirement 2? Explain Print Done Print Done