please solve C part.

urgent. only left 5 mins. i will like work.

Practice Exercise 2 (Part Level Submission) Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to total $325,520 for the yem, and machine estimated at 125,200 hours. For the year, $354,200 of overhead costs are incurred and 132,000 hours are used. (a) IZYour answer has been saved and sent for grading. See Gradebook for score details Compute the manufacturing overhead rate for the year. (Round answer to 2 decimal places, e.g. 1.25.) Manufacturing overhead rate $ 2.46 per machine hour SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Attempts: 1 of I used (b) ZYour answer has been saved and sent for grading. See Gradebook for score details, chead at December 317 ZYour answer has been saved and sent for grading. See Gradebook for score details, What is the amount of under-or overapplied overhead at December 31 Manufacturing Overhead 11000 Underapplied $ SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Attempts: 1 of 1 used (c) Prepare the adjusting entry to assign the under-or overapplied overhead for the year to cost of goods sold. (Credit account titles are automatically indem entered. Do not indent manually.) Debit Credit Account Titles and Explanation SHOW LIST OF ACCOUNTS