Below are the actual costs for Oliver Cat Emporium, Inc for the year ended 2022. Actual costs incurred in 2022 were: Oliver Cat Emporium, Inc. calculated their 2022 predetermined overhead rate based on estimated direct labor costs of $500,000 and estimated factory overhead of $900,000. Required: (a) Calculate the predetermined overhead rate. (b) Calculate the overhead applied during the year. (c) Add up the actual manufacturing overhead costs from the list provided. (d) Determine the amount of over- or underapplied overhead. (e) Prepare the journal entry to eliminate the over- or underapplied overhead