Question 6 (of 10) 6. 10.00 points Exercise 7-28 Predetermined Overhead Rates (LO 7-3) Southern Rim Parts estimates its manufacturing overhead to be $495,000 and its drect latbor costs to be $900,000 for year 1. The frst three jobs that Southem Rem worked on had actual direct labor costs of $20,00 for Job 301, $30,000 for Job 302, and $40,000 for Job 303. For the year, actual manufacturing overhead was $479,000 and total direct labor cost was $850,000. Manufacturing overhead is applied to jobs on the basis of direct labor costs using predetermined rates Required a. How much overhead was assigned to each of the tree jobs, 301302, and 303? s Job 301 Job 302 Job 303 16.500 22,000 b. What was the over or nderapplied manufacturing overmead for year 1? $16.000 References eBook &Resources