During the first quarter of 2020, Frenchie Company reports the following: 1. 2. Estimated overhead $221,783 Actual overhead $220,140 Estimated labour costs $169,300 Actual labour costs $173,700 3. 4. The company allocates its overhead on the basis of direct labour cost. (a) Your answer has been saved. See score details after the due date. Calculate the predetermined overhead rate. (Round answer to the nearest whole percentage, e.g. 152%.) Predetermined overhead rate 131 % (b ) Your answer has been saved. See score details after the due date. Calculate the over- or under-applied manufacturing overhead. (Round answers to the nearest whole dollar, e.g. 5,275.) Actual manufacturing overhead $ 220140 Applied manufacturing overhead $ 227547 Manufacturing overhead $ 7407 Over-applied Attempts: 1 of 1 used (c) Prepare the adjusting entry to close the under-or over-applied overhead. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round answers to the nearest whole dollar, e.g. 5,275.) Account Titles and Explanation Debit Credit