Please answer question 1, please and thank you.

Compute the Predetermined Overhead Rate (L031 Logan Products computes its predetermined overhead rate annually on the basis of machine-hours. At the beginning of the year, it estimated that its total manufacturing overhead would be $348,000 and machines would be run a total of 20,000 hours. Its actual total manufacturing overhead for the year was $336,400 and its actual total machine-hours was 19,500 hours. Required: 1. Compute the company's predetermined overhead rate for the year, calculate the total overhead applied, and determine the amount of under-or overapplied overhead in the year