15 points Quens Company applies manufacturing overhead based on machine hours. Information concerning manufacturing overhead and machine hours for the year follows: Actual manufacturing overhead $50,000 Estimated manufacturing overhead $74,000 Machine hours incurred 4,800 Machine hours estimated 14,800 Compute (a) The predetermined overhead rate and (b) The amount of (under / over) applied manufacturing overhead. (c) Make necessary end of period adjustment to general journal. 1 Add file