Baird Company and Benson Company both apply overhead to the Work in Process Inventory account using direct labor hours. The following information is available for both companies for the year. Baird Benson Company Company Actual manufacturing overhead $189,800 $283,000 Actual direct labor hours 28,000 30,000 Underapplied overhead 10,000 Overapplied overhead $ 23,000 Required a. Compute the predetermined overhead rate for each company, b. Using T-accounts, record the entry to close the overapplied or underapplied overhead at the end of the accounting period for each company, assuming the amounts are immaterial. Complete this question by entering your answers in the tabs below. Required A Required B Compute the predetermined overhead rate for each company. (Round your answers to 2 decimal places.) Per Direct Labor Hour Baird Company Benson Company Predetermined overhead rate Hun Required B