At the beginning of the year, Learer Company$$s manager estimated total direct labor cost to be $$2,520,000.$ The manager also estimated the following overhead costs for the year.

Indirect labor $ $561,200$

Rent on factory building $142,000$

Factory utilities $158,000$

Depreciation$$Factory equipment $482,000$

Repairs expense$$Factory equipment $62,000$

Indirect materials $106,800$

Total estimated overhead costs $ $1,512,000$

For the year, the company incurred $$1,526,000$ of actual overhead costs. It completed and sold five jobs with the following direct labor costs: Job $201,$ $$606,000$; Job $202,$ $$565,000$; Job $203,$ $$300,000$; Job $204,$ $$718,000$; and Job $205,$ $$316,000.$ In addition, Job $206$ is in process at the end of the year and had been charged $$19,000$ for direct labor. No jobs were in process at the beginning of the year. The company$$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.