The following information is available from the records of a manufacturing company that applies factory overhead based on direct labor cost: Estimated overhead cost Estimated labor cost Actual overhead cost Actual labor cost $241,500 $69,000 $242,200 $75,900 a. What is the predetermined overhead rate? b. What is the applied overhead for the period? c. Is overhead under- or over- applied and by how d. How does the under- or over-applied overhead