Vernon, incorporated estimates manufacturing overhead costs for the Year 3 accounting period as follows: The company uses a predetermined overhead rate based on machine hours. Estimated hours for labor in Year 3 were 210,000 and for machines were 127000 Required a. Calculate the predetermined overhead rate. Note: Round your answer to 2 decimal places. b. Determine the amount of manufacturing overhead applied to Work in Process lnventory during the Year 3 period if actual machine hours were 142000 . Note: Do not round intermediate calculations