In December 2016, Infodeo established its predetermined overhead rate for movies produced during 2017 by using the following cost predictions: overhead costs, $2,444,000,and direct labor costs, $470,000. At year-end 2017, the company's records show that actual overhead costs for the year are $695,300. Actual direct labor cost had been assigned to jobs as follows. Movies completed and released Movies still in production $108,00e 36,000 Total actual direct labor cost $136,06e 1. Determine the predetermined overhead rate for 2017 283. Enter the overhead costs incurred and the amounts applied during the year using the predetermined overhead rate and determine whether overhead is overapplied or underapplied. 4 Prepare the adjusing entry to aocate any over: orunderapied overhead to Cost of Goods Sold. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Req Req 2 and 3 Req 4 Determine the predetermined overhead rate for 2017 Overhead Rate Choose Numerator; Choose Denominator Overhead Rate Overhead rate Req 2 and 3 Req 1 Req 2 and 3 Req 4 Enter the overhead costs incurred and the amounts applied during the year using the predetermined overhead rate and determine whether overhead is overapplied or underapplied. Req 1 Req 4 )