At the beginning of the year, Learer Company's manager estimated total direct labor cost to be $2,501,000. The manager also estimated the following overhead costs for the year. For the year, the company Incurred $1,520,300 of actual overhead costs. It completed and sold five Jobs with the following direct lat costs: Job 201, \$604,100; Job 202, \$563,100; Job 203, \$298,100; Job 204, \$716,100; and Job 205, \$314,100. In addition, Job 206 Is process at the end of the year and had been charged $17,100 for direct labor. No jobs were in process at the beginning of the year. 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. Determlne the overhead applied to each of the slx Jobs durlng 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. Complete this question by entering your answers in the tabs below. Determine the predetermined overhead rate for the year