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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 $200,990. Estimated direct labor cost was $473,620 for 19,900 hours. Actual costs for the most recent month are summarized here: Item Description Total Cont Direct labor (1,990 hours) $47,363 Indirect conta Indirect labor 2,450 Indirect materiale 3,310 Factory rent 3,220 Factory supervision 4,850 Pactory depreciation 5,690 Factory janitorial work 1,160 Factory insurance 1,740 General and administrative salarien 4,140 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. (Round your answer to 2 decimal places.) Predetermined Overhend Rate Per DL Hour Reg Required 2 > Required 1 Required 2 Required 3 Required 4 Calculate the amount of applied manufacturing overhead. Applied Manufacturing Overhead Calculate actual manufacturing overhead costs. Actual Manufacturing Overhead Costs Required 1 Required 2 Required 3 Required 4 Compute over or underapplied overhead. input the amount as positive value) Overhead

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