Exercise 7.36 (Algo) Predetermined Overhead Rates (LO 7.3) Marian Manufacturing (2M) applies manufacturing overhead to jobs based on direct labor costs. For Year 2, 2M estimates its manufocturing overhead to be $423,020 and its direct labor costs to be $813,500.2M worked on three jobs for the year, Job 2M1, Which wos sold during Year 2, had actual direct labor costs of 5555,500 job 2M2. which was completed but not sold of the end of the yeac, had actual direct labor costs of $373,700. Job 2M3, which is star in work-th-process inventory, had actuar direct labor costs of $80,800. Actual manufacturing overhead for Year 2 was $558,800. Required: a. How much overhead was applied to esch job in Year 2? b. What was the over- or underappled manulacturing ovefhedd for Yeat 2 ? Complete this question by entering your answers in the tabs below. How much cverhead was asplied to each job in vear 2 ? Exercise 7.36 (Algo) Predetermined Overhead Rates (LO 7.3) Marian Manufacturing (2M) applies manufacturing ovethead to jobs based on direct labor costs For Yoar 2 , 2M estimates its mandiacturing overhead to be $423,020 and its direct labor costs to be 5813,500.2M worked on three jobs for the yeat. Job 2M1. which was seld dufing Year 2, had actual direct labor costs of 5555,500 Job 2M2, which was completed but not sold at the end of the yeac, had actual direct labor costs of $373.700, job 2M3, which is still in work-in-process inventory, had actual dirset labof costs of 580.800 . Actual manufacturing overhead for Year 2 was 5558,800 . Requlred: a. How much everfiead was appled to each job in Year 2? b. What was the over- of underapplied thanufacturing everhead for Year 2 ? Complete this question by entering your answers in the tabs below. Whet was the over or underappled manufacturing overfead for Year 27