I have already been given the wrong answer and now it's too late to fix it. I just need the bottom part solved.

Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to total $276,980 for the year, and machine usage is estimated at 125,900 hours. For the year, $300,620 of overhead costs are incurred and 132,600 hours are used. (a) Your answer is correct. Compute the manufacturing overhead rate for the year. (Round answer to 2 decimal places, e.g. 1.25.) Manufacturing overhead rate $ per machine hour What is the amount of under-or overapplied overhead at December 31 ? Manufacturing Overhead \$ eTextbook and Media List of Accounts Attempts: 3 of 3 used (c) Prepare the adjusting entry to assign the under-or overapplied overhead for the year to cost of goods sold. (Credit account titles Prepare the adjusting entry to assign the under-or overapplied overhead for the year to cost of goods sold. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)