1. What is Macro's Overhead Application Rate for 2015 ? a. $29.27 b. $30.00 c. $15.00 d. 529.38 2. Based on your answer in Question 1, how much overhead was applied to Work in Process during the year? a. $1,200,070 b. 5615,000 c. $1,230,000 d. $1,204,580 3. What type of balance is the manufacturing overhead account at the end of the year, and is it over-applied or under-applied? a. Debit: Over-applied b. Credit; Under-applied c. Debit; Under-applied d. Credit: Over-applied