Moody Corporation uses a job-order costing system with a plantwide overhead rate based on machine hours. At the beginning of the year, the company made the following estimates: Machine hours required to support estimated production 160,000 Fixed manufacturing overhead cost $ 656,000 Variable manufacturing overhead cost per machine-hour $ 4,80 Required: 1. Compute the predetermined overhead rate. (Do not found intermediate calculations. Round your answer to 2 decimal places. Prodotermined overhead rate per MH 2. During the year, Job 400 was started and completed. The following information was available with respect to this job: Direct materials requisitioned Direct labor cost Machine-hours used $300 $ 230 30 Compute the total manufacturing cost assigned to Job 400. (Do not round Intermediate calculations and round final answer to 2 decimal places.) Total manufacturing cost 3-a. During the year the company worked a total of 145400 machine-hours on all jobs and incurred actual manufacturing overhead costs of $1.299,060. What is the amount of underapplied or overapplied overhead for the year (Use the overhead rate determined in requirement 1.) Manutacturing overhead Cost