Milsaps Company produces sportsmen's dictal scales. In preparing the current budget, Milsaps controller estimates a total of $317000 in direct materials cost $214,000 in direct labor cost and $335.980 in manufacturing Overhead costs. Since much of the production process requires killed workers to assemble the scales direct labor cost is used as the overhead application base. At the end of the period, M aps reported actual results as follows: direct materials cost of $318.000 direct labor cost of $200,000, and manufacturing overhead cost $309,310. What is Milsaps predetermined overhead rate for the year? Milsaps predetermined overhead rate Attempts:O of used Submit How much manufacturing overhead did Milsaps apply during the year? Marutacturing overhead S a What is the journal entry to close overhead if the amount is considered to be insignificant inter debit entries first followed by entered. Do not indent manually) account titles are automatically indented when the amount is Account and explanation Debit Credit Direct Direct material Attempts: 0 of 1 used Sum mer