6) Barilgaon Company uses job-order costing. It starts a job. The job requires direct materials of Tk. 750,000. It applies overhead cost to jobs on the basis of direct labor cost. For the current year, the company estimates that it will incur Tk. 300,000 in direct labor cost and Tk. 150,000 of manufacturing overhead. During the year, Tk. 350,000 of direct labor costs was incurred. Actual overhead costs incurred were: Indirect materials expense Tk. 20,000 Insurance expense 10,000 Depreciation expense 30,000 Indirect labor expense 50,000 Utilities expense 25,000 Rent expense 30,000 Required: (1) Compute the company's predetermined overhead rate. (ii) Compute the cost of the job. (iii) Compute the amount of over-or under-applied overhead