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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

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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 $192,080. Estimated direct labor cost was $491,960 for 19,600 hours. Actual costs for the most recent month are summarized here: Item Description Total Cost Direct labor (1,500 hours) $ 49, 197 Indirect costs Indirect labor 2, 510 Indirect materials 3, 440 Factory rent 3, 230 Factory supervision 4, 770 Factory depreciation 5, 640 Factory janitorial work 1, 150 Factory insurance 1, 790 General and administrative salaries 4, 260 Selling expenses 5, 370 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. Note: Round your answer to 2 decimal places. Predetermined Overhead Rate Per DLH

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