AceWare inc, is a manufacturer and seller of Peach laptop brand, and uses a job-costing system in producing laptops. They began business on January 1. 2022 and apply manufacturing overhead on the basis of direct labor hours. The following information relates to 2022. Estimated manufacturing overhead is anticipated to be $16,400 and it is estimated that there will be 13,800 labor hours worked. tabor hours are paid at a rate of $23 per hour. Job is 101, 102, and 103 were begun during the year and had the following charges for direct material and direct labor: Job *101 and "102 were completed and sold on account to customers with a markup of 5096 of cost. Job * 103 remained in production. Actual manufacturing overhead by year-end totaled $12,700. AceWare inciadjusts all under-and overallocated overhead to cost of goods sold, Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. a) Calculate the company's predetermined overhead application rate. Predetermined Overhead Rate =: \{ per direct labor hout b) Calculate AceWare incis ending work-in-process inventory for lob * 103 . Direct Materials: Direct Labor: \{ Ovechead Applied: c) Determine AceWare inc.'s sales revenue on Job #101 and #102. Direct Materials: Direct Labor: Overhead Applied: : Total Finished Goods/COGS: 5 Sales Revenue: d) Was manufacturing overhead under- or overallocated during 2022? By how much? Actual manufacturing overhead : $ Allocated manufacturing overhead: 1 e) Present the necessary journal entry to handle under-or overallocated manufacturing overhead at year-end