overhead rate of $22.70 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $272,400 of total manufacturing overhead for an estimated activity level of 12,000 direct labor-hours The company inureduring oveend cs $000 000 otal dred abor-hours durng the perod. Required: Determine the amount of manufacturing overhead that would have been applied to all jobs during the period. Kirkaid Company recorded the following transactions for the just completed month: a. $112,000 in raw materials were requisitioned for use in production. Of this amount, $86,000 was for direct materials and the remainder was for indirect materials. b. Total labor wages of $136,000 were incurred. Of this amount, $119,000 was for direct labor and the remainder was for indirect labor c. Additional actual manufacturing overhead costs of $211,000 were incurred. d. A total of $260,000 in manufacturing overhead was applied to jobs Required: Determine the underapplied or overapplied overhead for the month