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Joseph industres manutactures woodon backyard playpround equipment. Josoph estimuled $1,765,000 of manutacturing overhead and \$2,000,000...

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Joseph industres manutactures woodon backyard playpround equipment. Josoph estimuled $1,765,000 of manutacturing overhead and \$2,000,000 of direct labor cost for the year Aher the year was over, the accounting records indicated that the company had actually incurred $1,600,000 of manufacturing overthead and $2.250,000 of direct labor cost. 1. Calculate Joseph's predetermined manufacturing overhead rate, assuming that the cempany uses drect labor cost as an alocation base. 2. How much manulacturing overhead would have been allocated to manutacturing jobs during the year? 3. At year-end, was manufacturing overtead overallocated or underallocated? By how much? 1. Calculate Josepb's predeterminod manufacturing overhead tate, assuming that the company uses direct labor cost as an alcostion base. (Rlound the percentage to ine nearest hundredth percent, X,x )

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