Stuart Company and Thornton Company assign manufacturing overhead to Work in Process Inventory using direct labor cost. The following information is available for the companies for the year: Actual direct labor cost Estimated direct labor cost Actual manufacturing overhead cost Estimated manufacturing overhead cost Stuart Company $149,000 154,000 55,200 67,760 Thornton Company $174,000 101,000 91,500 88,880 Required a. Compute the predetermined overhead rate for each company. b. Determine the amount of overhead cost that would be applied to Work in Process Inventory for each company. c. Compute the amount of overapplied or underapplied manufacturing overhead cost for each company. Complete this question by entering your answers in the tabs below. Required A Required B Required c Compute the predetermined overhead rate for each company. (Round your answers to 2 decimal places.) Predetermined Overhead direct labor dollar Stuart Company Thornton Company direct labor dollar Complete this question by entering your answers in the tabs below. Required A Required B Required C Determine the amount of overhead cost that would be applied to Work in Process Inventory for each company. (Do not round intermediate calculations.) Overhead Cost Stuart Company Thornton Company Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the amount of overapplied or underapplied manufacturing overhead cost for each company. (Do not round intermediate calculations.) Manufacturing Overhead Amount Over / Under Applied Stuart Company Thornton Company