waterway decorating uses job order cost system to collect the costs of its interior decorating business. Each client's consultation is treated as a seperate job. Overhead is applied to each job based on the number of decorator hours incurred. listed below are data for the current year.

Estimated Overhead $960,000

Actual Overhead $1,007,800

Estimated Decorator hours 40,000

Actual decorator hours 40,200

The company uses the account Operating Overhead in place of Manufacturing Overhead and the account Service Contracts in process in place of Work in Process.

Financial and Managerial, 3e Help 1 System Announcements RCES The company uses the account Operating Overhead in place of Manufacturing Overhead a Compute the predetermined overhead rate Predetermined overhead rate per decorator hour LINK TO TEXT LINK TO TEXT Prepare the entry to apply the overhead for the year. (Credit account titles are automa Account Titles and Explanation Debit Credit LINK TO TEXT LINK TO TEXT Determine whether the overhead was under-or overapplied and by how much. Overhead $ Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT UNK TO TEXT search c