2. (10 points) Elf Company produces ornamental trees and uses normal costing. Elf applies overhead based on direct labor hours. The following data are provided: Overhead Machine hours Direct labor hours Direct materials cost Direct labor cost Units produced Estimated Actual $400,000S392,000 20,000 18,000 16,000 17,840 S521,000 410,000 10,000 A.lCalculate applied overhead B. Calculate the unit cost. C. Calculate if overhead is over or under applied