Sunland Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to total $361,200 for the year, and machine usage is estimated at 129,000 hours. For the year, $385,040 of overhead costs are incurred and 131,800 hours are used. (a) Your answer has been saved. See score details after the due date. Compute the manufacturing overhead rate for the year. (Round answer to 2 decimal places, e.g. 1.25.) Manufacturing overhead rate $ per machine hour Attempts: 1 of 1 used (b) What is the amount of under- or overapplied overhead at December 31? Manufacturing Overhead $