https://education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=5ac1a264-3aa3-4dca-bfe9-966cf255b3fc#/questi.. A" > # @ 3 / C Lab 2 Ch 3 Summer 2023 1.5/3 : Question 5 of 8 View Policies Show Attempt History Current Attempt in Progress Sandhill Decorating uses a job-order costing system to collect the costs of its interior decorating business. Each client's consultation is treated as a separate job. Overhead is applied to each job based on the number of decorator hours incurred. Listed below are data for the current year: Estimated overhead costs $936,100 Actual overhead costs $964,000 Estimated decorator hours 40,700 Actual decorator hours 41,490 The company uses Operating Overhead in place of Manufacturing Overhead, and Service Contracts in Process in place of Work in Process Inventory. (a) Your answer is correct. Calculate the predetermined overhead rate. Predetermined overhead rate $ 23 per decorator hour Type here to search W 18.C ESC X F4 F6 PrtSon Home F9 End FIO PgUP F PgD 4 7 8 W E R U O P IS D G H Kitps//education.wiley.com/was/d 1.5/3 E Summer 2023 Question 5 of 8 (b) Your answer is partially correct. Prepare the entry to apply the overhead for the year. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Credit Debit Account Titles and Explanation Service Contracts in Process Operating Overhead eTextbook and Media List of Accounts Attempts: 2 of 3 used Submit Answer Save for Later Last saved 1 second ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. (C) The parts of this question must be completed in order. This part will be available when you complete the part above. Type here to search 18.C X F4 F5 F6 F7 PrtSon F8 Home End F10 PgUP a 5 8 W E R T Y U P S D F G H K