P2-4B Net Play Company uses a job order cost systen in each of its three manufacturing Compute predetermined departments. Manufacturing overhead is applied to jobs on the basis of direct labor cost in overhead rates, apply Department A, direct labor hours in Department B, and machine hours in Department C. ovr ead, and calculate overhead L0 4, 6), AP In establishing the predetermined overhead rates for 2014, the following estimates under- or overapplied were made for the year Department $720,000 $600,000 50,000 100,000 $640,000 $100,000 Manufacturing overhead Direct labor cost Direct labor hours Machine hours $900,000 $600,000 40,000 150,000 40,000 120,000 During January, the job cost sheets showed the following costs and production data. Department A. Direct materials used Direct labor cost Manufacturing overhead incurred Direct labor hours Machine hours $92,000 $86,000 $64,000 $48,000 $35,000 $50,400 $60,000 $72,100 $60,000 4,000 8,000 3,500 10,500 12,600 (a) 120%, s 16, $6 (b) $197,620, 177,000, Instructions (a) Compute the predetermined overhead rate for each department. (b) Compute the total manufacturing costs assigned to jobs in January in each department . 1,000 te the under- or overapplied overhead for each department at January 31. $2400 $4,000, sE,500)