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 $178,560. Estimated direct labor cost was $431,520 for 18,600 hours.

Actual costs for the most recent month are summarized here:

Item Description	Total Cost
Direct labor (1,860 hours)	$	43,153
Indirect costs
Indirect labor		2,500
Indirect materials		3,360
Factory rent		3,260
Factory supervision		4,870
Factory depreciation		5,790
Factory janitorial work		1,280
Factory insurance		1,830
General and administrative salaries		4,250
Selling expenses		5,380

Required: 1. Calculate the predetermined overhead rate. (Round your answer to 2 decimal places.) 2. Calculate the amount of applied manufacturing overhead. 3. Calculate actual manufacturing overhead costs. 4. Compute over- or underapplied overhead. (Input the amount as positive value.)