Finch Company and Franklin Company assign manufacturing overhead to Work in Process Inventory using direct labor cost. The following information is available for the companies for the year: Actual direct labor cost Estimated direct labor cost Actual manufacturing overhead cost Estimated manufacturing overhead cost Finch Company $149,000 154,000 54,600 61,600 Franklin Company $174,000 105,000 91,200 87,150 Required a. Compute the predetermined overhead rate for each company. b. Determine the amount of overhead cost that would be applied to Work in Process Inventory for each company c. Compute the amount of overapplied or underapplied manufacturing overhead cost for each company Complete this question by entering your answers in the tabs below. RequiredARequired B Required C Compute the predetermined overhead rate for each company. (Round your answers to 2 decimal places.) Predetermined Overhead Finch Company Franklin Company direct labor dollar direct labor dollar