The Item Expected Cost Actual Cost Advertising Expenditures $159,400 $154,900 Depreciation on Factory Equipment$522,200 $527,000 Direct Labor $ 854,000 $887,000 Direct Materials $ 1,251,000 $1,222,000 Factory Supplies $93,400$ 105,300 Head Office General Expenditures $ 372,700 $ 352,500 Head Office Salaries $ 326,800 $ 367,100 Heating in Factory $ 127,400 $ 121,900 Income Taxes $ 2,016,000 $ 2,565,000 Machine Repair and Maintenance $94,500 $ 109,700 Production Supervisor Wages $129,500 $129,000 Rent for Factory $ 990,000 $ 933,300 Office Supplies $120,400$ 121,600 $ 489,400 $ 471,900 Sales Expenditures Total $ 7,546,700 $ 8,068,200 Estimated Manufacturing Overhead Costs: b) What is the predetermined overhead rate? Round your answer to 2 decimal places. Predetermined overhead rate: ) If the hourly rate for direct labor is $26, what is the manufacturing overhead applied to production? Round your answer to the nearest whole number Applied Overhead : d ) What is the over or under-allocated manufacturing overhead for this year? Assume the wage rate is still $26/hr. Over-allocated