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Sandhill Company applies ma nufecturing Nerhead to jobs on the basis of machine hcn_lrs used. Overt-reed costs are estimated to total "45.000 for the year. and machine usage is estimated at 122.500 mours. hor the year. "15.560 of cwerweed costs are incurred. and 127.400 hours are used. Your answer is co r rect_ Comput@the manufacturing crverhead rete for the year. (Round answer to 2 decimal 4.1-25) Manufacturing overhead rate eTextbook and Media List of Accou nfs per machine hour What is the amount of under- or overapplied overhead at December 31? Manufacturing Cwerhead S eTextbook and Media eTextbcok I eTextbcok 2 Video Assistance used Attempts: I of 3 used Assistance used