6. At the end of the year, Estes Company provided the following actual information: Overhead $450,600 Direct labor cost -500,000 Estes uses normal Costing and applies overhead at the rate of 80% and 85%, respectively of direct labor cost. At the end of the year, cost of Goods Sold (before adjusting for any overhead variance) was $2,670,000. Required: a. Calculate the Overhead Variance for the year using 60% applied overhead cost: b. Calculate the Overhead Variance for the year using 75% applied overhead cost c. Using the overhead variance of (a) dispose of the overhead variance by adjusting Cost of Goods Sold. d. Using the overhead variance of (b) dispose of the overhead variance by adjusting Cost of Goods Sold