how Your Work on the Exam Moonbeam Manufacturing is a small manufacturer that uses machine hours as its activity base for assigning overhead costs to jobs. The company estimated the following amounts for 2022 for the company and for Job 912: During 2022, the actual machine hours totaled 89,300 , and actual overhead costs were $76,600. 1. Compute the predetermined overhead rate. (Round answer to 2 decimal places) 2 Compute the total overhead costs for Job 912 . 3. How much overhead is over or underapplied for the year for the company? 4. State amount and whether it is over-or underapplied. 5. Record the journal entry to adjust the over or under applied overhead