Overnead COSTS LLC 23, 24, 25, 2 Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $183,080. Estimated direct labor cost was $479,590 for 19,900 hours. Actual costs for the most recent month are summarized here: Item Description. Direct labor (1,990 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Total Cost $47,960 2,510 3,440 3,250 4,750) Factory depreciation 5,690 Factory Janitorial work 1,110 Factory insurance 1,820 General and administrative salaries 4,130 Selling expenses 5,320 Required: 1. Calculate the predetermined overhead rate. 2. Calculate the amount of applied manufacturing overhead. 3. Calculate actual manufacturing overhead costs 4. Compute over- or underapplied overhead. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 31 Required 4 Calculate the predetermh overhead rate. (Round your answer to 2 decimal places.) Predetermined Overhead Rate Per DL Hour