CarsonWentz Company uses a job-order costing system. The company applies manufacturing overhead to jobs using a predetermined overhead rate based on direct labor-hours. Last year, manufacturing overhead and direct labor-hours were estimated at $75,900 and 16,500 hours respectively, for the year. In June, job #315 was completed. Materials costs on the job totaled $1,500 and labor costs totaled $1,904 at $5.60 per hour. At the end of the year, it was determined that the company worked 15,300 direct labor-hours for the year, and incurred $72,680 in actual manufacturing overhead costs. Required: a. Determine the predetermined overhead rate for the year. (Round your answer to 2 decimal places.) Predetermined Overhead Rate per DLH b. Determine the amount of overhead applied to all jobs during the year. (Round your Intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.) Applied Manufacturing Overhead c. Specify whether the overhead is underapplied or overapplied for the year, and by how much. (Input the amount as positive value.) overhead by MacBook Air