Selected data for the consulting department of Austin Consulting, Inc, follow Estimated consulting overhead cost for the year $324,000 Estimated direct labor cost for the year (0 s9/hr.) 144,000 Actual manufacturing overhead cost for January 19,200 Actual direct labor cost for January (1 Assuming that direct labor cost is the basis for applying consulting overhead, a. Calculate the predetermined overhead rate. b. Prepare a journal entry that applies consulting overhead for January. General Journal Description Debit Credit c. By what amount is consulting overhead over- or underapplied in January? Consulting overhead was : by S n january