Coronado Corporation produces wooden and aluminum baseball bats. In preparing the current budget, Coronados management estimated a total of $447,000 in manufacturing overhead costs and 14,900 machine hours for the coming year. In December, Coronados accountants reported actual manufacturing overhead incurred of $577,000 and 12,600 machine hours used during the year. Coronado applies overhead based on machine hours

What was Coronados predetermined overhead rate for the year? __ ___________

How much manufacturing overhead did Coronado apply during the year? _______

Was manufacturing overhead overapplied or underapplied? _____ ___