Take me to the text The following information was reported by Fyfe Company relating to its first year of operations. Note that Fyfe has only identified direct labor and direct materials as direct costs. Item Expected Cost Actual Cost Advertising Expenditures $158,900 $156, 100 Depreciation on Factory Equipment $519,500 $516,700 Direct Labor $943,000 $936,000 Direct Materials $1,215,000 $1,267,000 Factory Supplies $90.900 $108,400 Head Office General Expenditures $371,500 $353,900 Head Office Sataries $355,300 $353,900 Heating in Factory $127,300 $117.400 Income Taxes $2,405,000 $2,536,000 Machine Repair and Maintenance 5106, 100 591,200 Production Supervisor Wages $115,500 $115,700 Rent for Factory $983,600 5964,200 Office Supplies 5116,200 $121,500 Sales Expenditures $413,200 $496,200 Total $7,921,000 $8,134,200 Fyfe Company allocates manufacturing overhead using a predetermined overhead rate. Fyfe uses direct labor hours as an allocation base and incurs 35,900 direct labor hours. a) What is the total estimated manufacturing overhead cost? Do not enter dollar signs or commas in the input boxes. Fyte Company allocates manufacturing overhead using a predetermined overhead rate. Fyfe uses direct labor hours as an allocation by 35,900 direct labor hours. a) What is the total estimated manufacturing overhead cost? Do not enter dollar signs or commas in the input boxes. Item Overhead Cost? Advertising Expenditures Depreciation on Factory Equipment No Yes Direct Labor Direct Materials . Factory Supplies . . Head Office General Expenditures Head Office Salaries . Heating in Factory . Income Taxes . Machine Repair and Maintenance > Production Supervisor Wages Rent for Factory Machine Repair and Maintenance Production Supervisor Wages . Rent for Factory 0 Office Supplies . Sales Expenditures Estimated Manufacturing Overhead Costs b) What is the predetermined overhead rate? Bound your answer to 2 decimal places. Predetermined overhead rate: of the hourly rate for direct laboris $18, what is the manufacturing overhead applied to production? Round your answer to the nearest whicle number. Applied Overhead di What is the over or under allocated manufacturing overhead for this year? Assume the wage rate is still $18/hr