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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

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 $185,220. Estimated direct labor cost was $446,040 for 18,900 hours.
Actual costs for the most recent month are summarized here:
Item Description Total Cost
Direct labor (1,500 hours) $ 44,605
Indirect costs
Indirect labor 2,400
Indirect materials 3,350
Factory rent 3,400
Factory supervision 4,710
Factory depreciation 5,620
Factory janitorial work 1,260
Factory insurance 1,880
General and administrative salaries 4,160
Selling expenses 5,330
Required:
Calculate the predetermined overhead rate.
Calculate the amount of applied manufacturing overhead.
Calculate actual manufacturing overhead costs.
Compute over- or underapplied overhead.

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