Estimated cost and operating data for three companies for the upcoming year follow. Company Direct labour-hours 100.000 Machine-hours 39,000 Direct materials cost $ 390,000 Manufacturing overhead cost $ 581,000 39,000 78,000 $273,000 $405,600 58,500 19,500 $292,500 $ 877,500 Predetermined overhead rates are computed using the following bases in the three companies Company Overhead Rate Based On Direct labour-hours Machine-hours Direct materials cost Required: 1. Compute the predetermined overhead rate to be used in each company during the upcoming year (Round your answers to 2 decimal places.) Company Predetermined Overhead Rate per DLH per MH % of DMC Required: 1. Compute the predetermined overhead rate to be used in each company during the upcoming year. (Round your answers to 2 decimal places.) Company Predetermined Overhead Rate per DLH per MH % of DMC 2-a. Assume that Company Xworks on three jobs during the upcoming year. Direct labour hours recorded by Job are as follows: job 418, 23.400 hours, job 419, 39,000 hours, job 420, 11.700 hours. How much overhead cost will the company apply to work in process for the year? (Do not found intermediate calculations.) Overhead cost applied 2-b. If actual overhead costs total $504,000 for the year, will overhead be under or overapplied? By how much? (Do not round intermediate calculations.) overhead cost