Content Area Flagler Company allocates factory overhead based on machine hours. It estimated total factory overhead costs for the year to be $420,000. Estimated machine hours were 50,000. Actual hours and costs for the year were 46,000 machine hours and $380,000 of factory overhead. Required: a. Compute the predetermined factory overhead rate for the year. Round your answer to the nearest cent. fill in the blank 1 of 1$ per machine hour b. Determine the factory overhead applied for the year. fill in the blank 1 of 1$ c. Compute the under- or overapplied factory overhead for the year. fill in the blank 1 of 1$