Logan Products computes ils predetermined oversead rate annually on the basis of direct Labour-hours. At the beginning of the year, it estimated that its total manufacturing overhead would be 3586,000 and the total direct lahour would be 40.000 hours Its actual total manufac curing overhead for the year was $713.400 and its actual total direct labour was +.000 hours Required: Compute the company's predetermined overhead rate for the year, calculate the total overhead applied, and determine the amount of under or overapplied overhead in the year