Tombent Decorating uses a job order cost system to collect the costs of its interior decorating business. Each client's consultation is treated as a separate job. Overhead is applied to each job based on the number of decorator hours incurred. Listed below are data for the current year. $960,000 Estimated overhead $1,036,800 Actual overhead Estimated decorator hours 40,000 40,100 Actual decorator hours The company uses Operating overhead in place of Manufacturing overhead. Your answer is correct. Compute the predetermined overhead rate. (Round answer to 2 decimal places, e.g. 25.55%) Predetermined overhead rate sl24 per decorator hour Z Your answer is partially correct. Try again. Prepare the entry to apply the overhead for the year. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal place, e.g. 55.) Account Titles and Explanation Debit Credit 62400 Manufacturing Overhead 62400 perating Overhead Your answer is correct. Determine whether the overhead was under- or overapplied and by how much. Overhead 4400 underapplied Question Attempts: 7 of 15 used 2000-2017 b