[6 marks] Sara's Candle Co is a small company located in Toronto, Ontario. The company specializes in manufacturing and selling handmade soy candles richly scented with high quality fragrance oils. During 2020, the company estimated that the annual manufacturing overhead costs will be $108,000. At the end of the year, the company's books showed that the actual overhead costs for the year are $104,270. Activity base information for 2020 is presented in the table below: Activity Base: Estimated Actual h Direct Labour Cost Direct Labour Hours Machine Hours $57,450 $52,900 4,400 3,400 4,120 3,200 Instructions (a) Compute the predetermined overhead rate for each activity base. (1.5 marks) (b) Compute the amount of overhead applied in 2020 for each activity base. (1.5 marks) (c) Compute the amount of under- or overapplied overhead for 2020 for each activity base