Question: When setting its predetermined overhead application rate, Tasty Box Meals estimated its overhead would be $135,000 and would require 27,000 machine hours in the next

When setting its predetermined overhead application rate, Tasty Box Meals estimated its overhead would be $135,000 and would require 27,000 machine hours in the next year. At the end of the year, it found that actual overhead was $137,600 and required 28,000 machine hours. A. Determine the predetermined overhead rate. per machine hour B. What is the overhead applied during the year? C. Prepare the journal entry to eliminate the underapieied or overapplied overhead. If an amount box does not require an entry, leave it blank

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