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 $185,180. Estimated direct labor cost was $494,470 for 19,700 hours. Actual costs for the most recent month are summarized here: Item Description Direct labor (1,970 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Total Cost $49,448 2,480 3,490 3,310 4,860 Factory depreciation 5,720 Factory janitorial work 1,200 Factory insurance 1,840 General and administrative salaries 4,260 Selling expenses 5,350 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