1. Anderson Company uses a job-order costing system and applies manufacturing overhead to jobs using a predetermined overhead rate based on direct labor hours. Manufacturing overhead and direct labor hours were estimated at $70,400 and 22,000 hours, respectively. In June, Job 11461 was completed. Ma. terials costs on the job totaled $4,815 and labor costs totaled $2,325 at $7.50 per hour (310 hours worked on this job). At the end of the year, it was determined that the company worked 23,916 direct labor-hours for the year and incurred $69,187 in actual manufacturing overhead costs. Required (3 Points): a. Compute the predetermined overhead rate and compute the amount of overhead applied to Job #461. Y= a +bx Ya +(7,50 x 310) b. Job #461 contained 110 units. Determine the total product cost that would be charged to this job and the cost per unit of the product produced. e. Compute the amount of overhead under or overapplied for Anderson Company. Assuming the amount is not material, write the journal entry required to close the manufacturing overhead ac- count at the end of the year. MFG OH Actual: Appliedi