25 E2-18 (Algo) Calculating Actual and Applied Manufacturing Overhead Costs and Over- or Underapplied Overhead Costs [LO 2-3, 2-4, 2-5, 2-6] 3.2 points Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $177,630. Estimated direct labor cost Skipped was $473,680 for 19,100 hours. Actual costs for the most recent month are summarized here: eBook Hint Item Description Total Cost Direct labor (1,500 hours) $ 47,369 Print Indirect costs Indirect labor 2,540 References Indirect materials 3, 330 Factory rent 3, 320 Factory supervision 4, 890 Factory depreciation 5, 660 Factory janitorial work 1, 170 Factory insurance 1 , 850 General and administrative salaries 4, 180 Selling expenses 5, 310 Required: 1. Calculate the predetermined overhead rate. 2. Calculate the amount of applied manufacturing overhead. 3. Calculate actual manufacturing overhead costs. 4. Compute over- or underapplied overhead. Complete this question hy entering vour answers in the tahs helow. Mc Graw Hill