Crane Manufacturing is a small manufacturer that uses machine hours as its activity base for assigning overhead costs to jobs. The company estimated the following amounts for 2022 for the company and for Job 62: During 2022 , the actual machine hours totaled 119,700 , and actual overhead costs were $89,000. Compute the predetermined overhead rate. (Round answer to 2 decimal places, e.g. 52.75.) Predetermined overhead rate $ per machine hour (b) Compute the total manufacturing costs for Job 62. Total manufacturing costs $ How much overhead is over or underapplied for the year for the company? State amount and whether it is over-or underapplied. Overhead $ If Crane Manufacturing sells Job 62 for $18,100, compute the gross profit. Gross profit $