ces Carera Corporation uses a predetermined overhead rate of $18 per direct labour-hour. This predetermined rate was based on 15,000 estimated direct labour-hours and $270,000 of estimated total manufacturing overhead. The company incurred actual total manufacturing overhead costs of $230,000 and 12.500 total direct labour-hours during the period. Required: 1. Determine the amount of manufacturing overhead applied to units of product during the period as well as the amount of over-or underapplied overhead for the period. Overhead applied Under applied overhead $ S 225.000 5.000 2. Prepare the journal entry to dispose of over-or underapplied overhead (if no entry is required for a transaction/event, select "No Journal entry required" In the first account field.) View transaction list Journal entry worksheet