Question 5 Not complete Marked out of 100 P Flag question Calculate and Use Overhead Rate Selected data for the consulting department of Austin Consulting, Inc, follow Estimated consulting overhead cost for the year $270,000 Estimated direct labor cost for the year ( 9 180,000 Actual manufacturing overhead cost for January Actual direct labor cost for January ( 200 hours) 11,000 Assuming that direct labor cost is the basis for applying consulting overhead, 16,000 a. Calculate the predetermined overhead rate, 0 96 b. Prepare a journal entry that applies consulting overhead for January, General Journal Description Debit Credit 0 0 0 0 c. By what amount is consulting overhead over- or underapplied in January? Consulting overhead was by $ 0 in January Check