Triangle Catering assigns overhead to specific jobs based on direct labor hours. At the beginn estimated overhead costs were $440,000 and estimated direct labor hours were 100,000. By t ear, actual overhead costs were calculated to be $500,000 and actual direct labor hours were equired (show all caleulations): Calculate the predetermined overhead rate. (3 points) What is the applied overhead for the year? (3 points) What is the amount of under- or over-applied overhead at the end of the year? B to indicate whether it was over- or underapplied. (3 points) Triangle Catering assigns overhead to specific jobs based on direct labor hours. At the beginn estimated overhead costs were $440,000 and estimated direct labor hours were 100,000. By t ear, actual overhead costs were calculated to be $500,000 and actual direct labor hours were equired (show all caleulations): Calculate the predetermined overhead rate. (3 points) What is the applied overhead for the year? (3 points) What is the amount of under- or over-applied overhead at the end of the year? B to indicate whether it was over- or underapplied. (3 points)