Zachary Company and Adams Company both apply overhead to the Work in Process Inventory account using direct labor hours. The following information is available for both companies for the year Zachary Company 5132,000 20.00 Actual manufacturing overhead Actual direct labor hours Underapplied overhead Overapplied overhead Adams Company $290,500 29,000 15,000 30,000 Required ces a. Compute the predetermined overhead rate for each company b. Using T-accounts, record the entry to close the overapplied or underapplied overhead at the end of the accounting period for each company, assuming the amounts are immaterial Complete this question by entering your answers in the tabs below. Required A Required Compute the predetermined overhead rate for each company. (Round your answers to 2 decimal places) Per Direct Labor Hour Zachary Company Adams Company Predetermined overhead role Required B > Required A Required Using T-accounts, record the entry to close the overapplied or underapplied overhead at the end of the accounting period for each company, assuming the amounts are immaterial. Adjusting Entry for Zachary Company Manufacturing Overhead Cost of Goods Sold End Bal Adjusting Entry for Adams Company Manufacturing Overhead Cost of Goods Sold End Bal