The following information relates to the year just ended.

Data:

Estimated total overhead costs $$275,000$

Estimated total direct labor hours $25,000$

Actual total direct labor hours $27,760$

Actual costs for the year:

Purchase of raw $($direct$)$ materials $$375,000$

Direct labor cost $$536,300$

Manufacturing overhead $$302,750$

Inventories: Beginning Ending

Raw $($Direct$)$ Materials $$15,000$ $$11,375$

Work in Process $27,87522,350$

Finished Goods $34,60026,450$

Required:

Use the data to fill in the following information.

$($Use cells B$6$ to C$18$ from the given information, as well as A$27$ to C$31$ to complete this question. If overhead is overapplied, your answer will display as a negative value. All answers should be input as positive values.$)$

$1.$ Overhead:

Actual overhead cost

Predetermined overhead rate

Actual direct labor hours

Total overhead applied

$($Over$)$ or under applied overhead