eztom education.com Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $177,000. Estimated direct labor cost was $430,000 for 18.500 hours Actual costs for the most recent month are summarized here: Total Cos Item Description Direct labor (1.850 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory janitorial work Factory insurance General and administrative salaries Selling expenses Required: 1. Calculate the predetermined overhead rate. (Round your answer to 2 decimal places.) Predetermined Overhead Race Per De How 2. Calculate the amount of applied manufacturing overhead Applied Manufacturing Overhead 3. Calculate actual manufacturing overhead costs Actual Manufacturing Overhead Costs 4. Compute over- or underapplied overhead (Input the amount as positive value.) Overhead Hints References eBook & Resources