1. A company has the following manufacturing overhead data for the year: Budgeted manufacturing overhead costs Budgeted direct labor hours Actual manufacturing overhead costs Actual direct labor hours $500,000 50,000 $405,000 45,000 A. Determine the predetermined overhead rate for the year. B. Determine the TOTAL amount of manufacturing overhead allocated to jobs during the year using the predetermined overhead rate. C. Determine the TOTAL amount of under or over applied manufacturing overhead for the year. Be sure to label your answer as UNDER or OVER.