Jordan Company and Munoz 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 cont Estimated direct labor cont Actual manufacturing overbead cost Estimated manufacturing overhead cost Jordan Company $ 151,000 156,000 55,500 73,320 Munoz Company $ 176,000 102,000 90,500 81,600 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. Required A Required Required Compute the predetermined overhead rate for each company, (Round your answers to 2 decimal places.) Predetermined Overhead Jordan Company direct labor dollar Munoz Company direct labor dollar Red A Required B >