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please help Wildhorse Company estimates that annual manufacturing overhead costs will be...

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Accounting

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Wildhorse Company estimates that annual manufacturing overhead costs will be $732.000. Estimated anoual operating activity bases are: direct labor cost $561,200, direct labor hours 40,000 and machine hours 80,000 . The actual manufacturing overhead cost for the year was $733,220 and the actual direct labor cost for the year was \$556,320. Actual direct labor hours totaled 39,800 and machine hours totaled 79,000 . Wildhorse applies overhead based on direct labor hours: Compute the predetermined overhesd rate and determine the amount of manufacturing overhead applied, Determine if overhead is over- or underapplied and the amount. (Round predetermined cverhead rate to 2 decimat places, ex. 15.25 and all other answers to 0 decimal places, es. 1.525) Predetermined overhead rate per direct labor hour Manufacturing overhead applied

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