Benson Company and Campbell Company assign manufacturing overhead to Work in Process Inventory using direct labor cost. The following information is available for the companies for the year:

	Benson Company				Campbell Company
Actual direct labor cost	$	149,000			$	174,000
Estimated direct labor cost		154,000				103,000
Actual manufacturing overhead cost		55,600				91,900
Estimated manufacturing overhead cost		75,460				89,610

Required

Compute the predetermined overhead rate for each company.

	Predetermined Overhead
Benson Company		direct labor dollar
Campbell Company		direct labor dollar

Determine the amount of overhead cost that would be applied to Work in Process Inventory for each company.

	Overhead Cost
Benson Company
Campbell Company

Compute the amount of overapplied or underapplied manufacturing overhead cost for each company.

	Manufacturing Overhead
	Amount	Over / Under Applied
Benson Company
Campbell Company