Zachary Company and Adams Company assign manufacturing overhead to Work in Process Inventory using direct labor cost. The following information is available for the companies for the year: Actual direct labor cost Estimated direct labor cost Actual manufacturing overhead cost Estimated manufacturing overhead cost Zachary Company $ 151,000 156,000 54,400 67,080 Adams Company $ 176,000 103,000 90,900 82,400 Required a. Compute the predetermined overhead rate for each company. b. Determine the amount of overhead cost that would be applied to Work in Process Inventory for each company. c. Compute the amount of overapplied or underapplied manufacturing overhead cost for each company. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the predetermined overhead rate for each company. (Round your answers to 2 decimal Predetermined Overhead direct labor dollar Zachary Company Adams Company direct labor dollar Required A Required B Required C Determine the amount of overhead cost that would be applied to Work in Process Inventory for intermediate calculations.) Overhead Cost Zachary Company Adams Company Required A Required B Required C Compute the amount of overapplied or underapplied manufacturing overhead cost for each compa intermediate calculations.) Manufacturing Overhead Amount Over / Under Applied Zachary Company Adams Company