Tombert 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. The company uses Operating Overhead in place of Manufacturing Overhead. Compute the predetermined overhead rate. (Round answer to 2 decimal places, e.g. 25.55%.) Predetermined overhead rate exist per decorator hour 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.) Determine whether the overhead was under- or overapplied and by how much. Overhead