CALCULATOR PRINTER VERSION BACK NEXT Brief Exercise 155 Colby Company estimates that annual manufacturing overhead costs will be $600,000. Estimated annual operating activity bases are: direct labor cost $460.000, direct labor hours 10,000 and machine hours 80,000. The actual manufacturing overhead cost for the year was $601,000 and the actual direct labor cost for the year was $456,000. Actual direct labor hours totaled 39,800 and machine hours totaled 79,000. Colby applies overhead based on direct labor hours Compute the predetermined overhead rate and determine the amount of manufacturing overhead applied. Determine if overhead is over- or underapplied and the amount Overhead rate $ per direct labor hour Manufacturing overhead $ $ Click if you would like to show Work for this question en Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential policy set by your instructor Question Attempts: 0 of 1 used SAVE FOR LATER