Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $196,000. Estimated direct labor cost was $492,000 for 20,000 hours. Actual costs for the most recent month are summarized here: Item Description Direct labor (2,000 hours) Total Cost $49,201 Indirect costs Indirect labor Indirect materials Factory rent Factory supervision 2,520 3,320 3,360 Factory depreciation 4,820 5,700 Factory janitorial work 1,150 Factory insurance 1,840 General and administrative salaries 4,140 Selling expenses 5,330 Required: 1. Calculate the predetermined overhead rate. 2. Calculate the amount of applied manufacturing overhead. 3. Calculate actual manufacturing overhead costs. 4. Compute over- or underapplied overhead. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate the predetermined overhead rate. (Round your answer to 2 decimal places.) Predetermined Overhead Rale Per DL Hour Required 1 Required 2>