Problem S Actual and applied overhead - 10 points BCO Inc. calculates predetermined overhead rates for each department. In the utensa wipe data department, the company uses the number of units as the cost driver and had the following Description Costs/Units Total overhead costs last year $139,240 Total units - last year 65.991 units Total expected overhead costs this year 150,300 Total units - expected this year 69,900 units Required: 1. Compute the predetermine overhead rate for the current year? Show computation below. 2. Compute the amount of overhead applied this year if there were actually 71,500 units? Show computation below. 3. Assuming 71,500 units were produced this year and the actual total overhead is $148,500. Compule and indicate the under or overapplied overhead for the current year? Show computation below. 4. How does the applied overhead relate to the actual overhead? When they are not the same, what happens to the difference? Why is actual overhead not assigned to each job