on the basis of air Department In establishing the predetermined overhead rates for 2020, the following estimates were made for the year. Manufacturing overhead Direct labor costs Direct labor hours Machine hours $1,400,000 $2,000,000 100,000 400,000 Department E $1,250,000 $1,250,000 125,000 500,000 K $720,000 $450,000 40,000 120,000 During January, the job cost sheets showed the following costs and production data, D Direct materials used Direct labor costs Manufacturing overhead incurred Direct labor hours Machine hours $140,000 $120,000 $99.000 8,000 34.000 Department E $126.000 $110.000 $100,000 11,000 45,000 K $78,000 $37,500 $79.000 3,500 10,300 Your answer is correct Compute the predetermined overhead rate for each department (Round answers to 2 decimal places, 6.8. 12.50 or 12.50%) Overhead rate Department D 70 Department E $ 10 per direct labor hour Department $ per machine hour 6 e Textbook and Media Attempts: unlimited Your answer is correct Compute the total manufacturing costs assigned to jobs in January in each department. Manufacturing Costs Department $ 1344000 Department E $ 346000 Department $ 177300 e Textbook and Media Attempts: unlimited Your answer is partially correct. Compute the under or overapplied overhead for each department at January 31. Manufacturing Overhead Department D $ Underapplied Department E Overapplied Department $ Underapplied $ e Textbook and Media