Chloe Corp uses a job order costing system with manufacturing overhead applied to products on the basis of direct labor hours. For the upcoming year, Choice Corp estimated total manufacturing overhead coat at $760.000 and total direct labor hours of 40.000. During the year actual manufacturing overhead incurred was $739, 200 and 40, 400 direct labor hours were used. (a) Calculate the predetermined overhead rate. (b) Calculate how much manufacturing overhead will be applied to production. (c) Is overhead over -or underapplied? By now much? (Input the amount as positive value.) (d) What account should be adjusted for over- or underapplied overhead? Should the balance be increased or decreased