Crane Decorating uses a job order cost system to collect the cost of its interior decorating business. Each dient's consultation is treated as a separate job. Overhead is applied to each job based on the number of decorator hours incurred. Listed below are data for the current year. Estimated overhead Actual overhead Estimated decorator hours Actual decorator hours $960,000 $995,800 40,000 40700 The company uses Operating Overhead in place of Manufacturing Overhead a Your answer is correct. Compute the predetermined overheadrate. Predetermined overhead rate S per decorator hour electbook and Media List of Accounts Attempts unlimited Voor wier is partially correct Prepare the entry to apply the overhead for the year (Credit account titles are automatically indented when amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit Taktick and Media Lot Acounts Stei Attempts unlimited Sint