2-4 manufacturing cost data for orlando company, which uses a job order cost system, are presented below. case a case b case c direct materials used $ (a) $ 83,000 $ 63,150 direct labor 50,000 140,000 (h) manufacturing overhead applied 42,500 (d) (i) total manufacturing costs 145,650 (e) 213,000 work in process 1/1/17 (b) 15,500 18,000 total cost of work in process 201,500 (f) (j) work in process 12/31/17 (c) 11,800 (k) cost of goods manufactured 192,300 (g) 222,000 instructions indicate the missing amount for each letter. assume that in all cases manufacturing overhead is applied on the basis of direct labor cost and the rate is the same. e2-5 ikerd company applies manufacturing overhead to jobs on the basis of machine hours used. overhead costs are expected to total $300,000 for the year, and machine usage is estimated at 125,000 hours. for the year, $322,000 of overhead costs are incurred and 130,000 hours are used. instructions (a) compute the manufacturing overhead rate for the year. (b) what is the amount of under- or overapplied overhead at december 31?