Millefeuille Company applies operating overhead to photocopying jobs on the basis of machine hours used. It expects overhead costs to total $293,755 for the year and estimates machine usage at 119,900 hours. For the year, the company incurs $292,800 of overhead costs and uses 121,100 hours. (a) (b) Your answer is correct. Calculate the service overhead rate for the year. (Round answer to 2 decimal places, e.g. 15.25.) Service overhead rate $ eTextbook and Media List of Accounts Your answer is correct. 2.45 per machine hour Calculate the amount of under- or over-applied overhead at December 31. Overhead $ eTextbook and Media List of Accounts 3895 i over-applied Attempts: 1 of 3 used Attempts: 1 of 3 used