Curtis Inc, uses a job order costing system. Manufacturing overhead is applied on the basis of direct labor cost. Total manufacturing overhead was estimated to be $53,095 for the year, direct labor was estimated to total $151700 He Raw Materials Inventory Work in Process Inventory Finished Goods Inventory (1/1) (12/31) $11,800 $14, 100 $ 23,600 $17,100 $ 34,600 $ 40,900 The following transactions have occurred during the year. Raw materials purchases $114,000 Direct materials used $104,200 Direct labor $148,600 Indirect materials used $ 7,500 Indirect labor $ 16, 100 Factory equipment depreciation $ 25, 100 Factory rent $ 18,700 Factory utilities $ 9,200 Other factory costs $ 8,100 (a) Calculate the predetermined overhead rate. Predetermined Overhead Rate % Saved Predetermined uvernead Rate % (b) Calculate cost of goods manufactured. Cost of Goods Manufactured (c) Calculate the over- or underapplied overhead. (Input all amounts as positive values.) Overhead