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At the beginning of the year, Learer Company's manager estimated total direct labor cost to be $2,503,000. The manager also estimated the following overhead costs for the year, Indirect labor $ 559,500 Rent on factory building 140,300 Factory utilities 156,300 Depreciation Factory equipment 480,300 Repairs expense-Factory equipment 60,300 Indirect materials 105,100 Total estimated overhead costs $ 1,501,800 For the year, the company incurred $1,520,900 of actual overhead costs. It completed and sold five jobs with the following direct labor costs: Job 201 $604 300, Job 202. $563,300; Job 203, 5298,300; Job 204, $716,300; and Job 205, $314,300. In addition, Job 206 is in process at the end of the year and had been charged $17,300 for direct labor . No jobs were in process at the beginning of the year. The company's predetermined overhead rate is based on a percent of direct labor cost. Required 1-a. Determine the predetermined overhead rate for the year. 16. Determine the overhead applied to each of the six jobs during the year. 1-c. Determine the over- or underapplied overhead at the year-end. 2. Prepare the entry to close any over- or underapplied overhead to Cost of Goods Sold at year-end, Complete this question by entering your answers in the tabs below. ReQ LA Neg 13 Reg 10 Reg 2 Determine the predetermined overhead rate for the year. Complete this question by entering your answers in the tabs below. Reg 1A Reg 13 Rea 10 Reg2 Determine the predetermined overhead rate for the year, Numerator: Predetermined overhead rate Denominator: 1 Predetermined overhead rate Predetermined overhead rate 1 Reg 1B > Req 1A Req 1B Req 1C Req 2 Determine the overhead applied to each of the six jobs during the year. Overhead applied Job Number 201 202 203 Direct Labor $ 604,300 563,300 298,300 716,300 314,300 17,300 $ 2,513,800 204 205 206 Total Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1c Req 2 Determine the over- or underapplied overhead at the year-end. Total actual overhead cost Total applied overhead cost Journal entry worksheet