Yarra Fabrication estimates that its manufacturing overhead will be $2,329,600 in year 1. It further estimates that direct material costs will amount to $1,456,000. During July, Yarra worked on four jobs with actual direct materials costs of $74,000 for Job 0701, $96,000 for Job 0702, $125,000 for Job 0703, and $63,000 for Job 0704. Actual manufacturing overhead costs for the year were $2,470,000. Actual direct materials costs were $1,620,000. Manufacturing overhead is applied to jobs based on direct materials cost using predetermined rates. Required: a. How much overhead was applied to each of the four jobs, 0701, 0702, 0703, and 0704? b. What was the over- or underapplied manufacturing overhead for year 1? Complete this question by entering your answers in the tabs below. Required A Required B How much overhead was applied to each of the four jobs, 0701, 0702, 0703, and 0704? Job 0701 Job 0702 Job 0703 Job 0704 Yarra Fabrication estimates that its manufacturing overhead will be $2,329,600 in year 1. It further estimates that direct material costs will amount to $1,456,000. During July, Yarra worked on four jobs with actual direct materials costs of $74,000 for Job 0701, $96,000 for Job 0702, $125,000 for Job 0703, and $63,000 for Job 0704. Actual manufacturing overhead costs for the year were $2,470,000. Actual direct materials costs were $1,620,000. Manufacturing overhead is applied to jobs based on direct materials cost using predetermined rates. Required: a. How much overhead was applied to each of the four jobs, 0701, 0702, 0703, and 0704? b. What was the over- or underapplied manufacturing overhead for year 1? Complete this question by entering your answers in the tabs below. Required A Required B What was the over- or underapplied manufacturing overhead for year 1? manufacturing overhead