Please given correct answer for General accounting question I need step by step explanation

Oakwood Industries manufactures both wooden and plastic chairs. In preparing the current budget, Oakwood's management estimated a total of $510,000 in manufacturing overhead costs and 15,000 machine hours for the coming year. In December, Oakwood's accountants reported actual manufacturing overhead incurred of $95,000 and 14,500 machine hours used during the year. Oakwood applies overhead based on machine hours. Required: * What was Oakwood's predetermined overhead rate for the year? How much manufacturing overhead did Oakwood apply during the year