At the beginning of the year, Learer Company$$s manager estimated total direct labor cost to be $$2,506,000.$ The manager also estimated the following overhead costs for the year.

Indirect labor $ $559,800$

Rent on factory building $140,600$

Factory utilities $156,600$

Depreciation$$Factory equipment $480,600$

Repairs expense$$Factory equipment $60,600$

Indirect materials $105,400$

Total estimated overhead costs $ $1,503,600$

For the year, the company incurred $$1,521,800$ of actual overhead costs. It completed and sold five jobs with the following direct labor costs: Job $201,$ $$604,600$; Job $202,$ $$563,600$; Job $203,$ $$298,600$; Job $204,$ $$716,600$; and Job $205,$ $$314,600.$ In addition, Job $206$ is in process at the end of the year and had been charged $$17,600$ for direct labor. No jobs were in process at the beginning of the year. The company$$s predetermined overhead rate is based on a percent of direct labor cost.

Required:

$1-$a$.$ Determine the predetermined overhead rate for the year.

$1-$b$.$ Determine the overhead applied to each of the six jobs during the year.

$1-$c$.$ Determine the over$-$ or underapplied overhead at the year$-$end.

$2.$ Prepare the entry to close any over$-$ or underapplied overhead to Cost of Goods Sold at year$-$end.