Hunter Corporation uses ABC to determine product costs for external financial reports. At the beginning of the year, management made the following cost and activity estimates in the company's five activity cost pools. Activity Cost Pool Labour related Production orders Materials receipts Relay assembly General factory Activity Measure Direct labour-hours Number of orders Number of receipts Number of relays Machine-hours Estimated Overhead cost $ 264,500 101,25e 382,500 270,000 812,500 $1,838,750 Expected Activity 46,000 DLHS 1,35e orders 1,700 receipts 7,500 relays 62,500 MHS Required: 1. Compute the activity rate (le predetermined overhead rate) for each of the activity cost pools. (Round your answers to 2 decimal places.) Activity Cost Pool Labour related Production orders Material receipts Relay assembly General factory Activity Rate per DLH per order per receipt per relay per MH 2. During the year, actual overhead cost and activity were recorded as follows: Activity Cost Pool Labour related Production orders Materials receipts Relay assembly General factory Total overhead cost Actual Overhead Cost $ 275,109 97,000 401,500 266,400 819,800 $1,859,800 Actual Activity 49,800 DLHS 1,309 orders 1,85e receipts 7,409 relays 63,750 MHS a. Prepare a journal entry to record the incurrence of actual manufacturing overhead cost for the year (credit accounts payable). P the entry to the company's manufacturing overhead T-account. (If no entry is required for a particular transaction, select "No jou entry required" in the first account field.) View transaction list Journal entry worksheet