At the beginning of the current period, Oriole Company estimated that annual manufacturing overhead costs would be $660,000. Estimated annual operating activity bases are: direct labor cost $506,000, direct labor hours 40000 and machine hours 80,000. The actual manufacturing overhead cost for the year was $661,100 and the actual direct labor cost for the year was $501,600. Actual direct labor hours totaled 39,800 and machine hours totaled 79,000. Oriole applies manufacturing overhead based on direct labor hours. Compute the predetermined overhead rate and determine the amount of manufacturing overhead applied. Determine if overhead is over- or underapplied and the amount. {Round \"Predeteminad overhead rate" to 2 decimal places, as. 52. 72. Other all answers to 0 decimal places, e352.) Predetermined overhead rate $ ' per direct labor hour Manufacturing overhead applied $ ' vi H