Exercise 7-34 (Algo) Predetermined Overhead Rates (LO 7-3) Linzee Liners estimates that its manufacturing overhead will be $1,768,700 in Year 1. It further estimates that direct labor costs will amount to $769,000. During March, Linzee worked on four jobs with actual direct labor costs of $36,900 for Job 0301, $24,400 for Job 0302, $33,900 for Job 0303, and $17,900 for Job 0304. Actual manufacturing overhead costs for the year were $1,757,500. Actual direct labor costs for the year were $754,000. Manufacturing overhead is applied to jobs based on direct labor costs using predetermined rates. Required: a. How much overhead was applied to each of the four jobs, 0301, 0302, 0303, and 0304? b. What was the over- or underapplied manufacturing overhead for Year 1? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below.