Logan Products computes its predetermined overhead rate annually on the basis of direct labour-hours. At the beginning of the year, it estimated that its total manufacturing overhead would be $684,000 and the total direct labour would be 47,500 hours. Its actual total manufacturing overhead for the year was $813,400 and its actual total direct labour was 48,500 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. (Round your predetermined overhead rate to 2 decimal places.) Predetermined overhead rate per DLH