Sylvan Company uses activity based costing to determine product costs for external financial reports. Some of the entries have been completed to the manufacturing overhead account for the current year, as shown by entry (a) below: (a) Manufacturing Overhead 2,395,00 Required: 1. What does entry (a) represent? O Overhead applied Machine-hours Actual manufacturing overhead cost incurred 2. At the beginning of the year, the company made the following estimates of cost and activity for its five activity cost pools: Activity Cost Pool Labour related Purchase orders Parts management Board etching General factory Activity Measure Direct labour hours Number of orders Number of part types Maxber of boards Machine hours Estimated Overhead Cost $ 598,000 38,740 M60,000 44,00 607,500 Expected Activity 46,000 DHS 1.690 orders 40 part types 2,010 boards $1,000 Compute the activity rate the predetermined overhead rate) for each of the activity cost pools, (Round your final answers to 1 decimal place) Activity cost Pool Labour related Purchase orders Parts management Board etching General factory Actual Activity per direct labour hours per order per partype per board per machine hours M 3. During the year, actual activity was recorded as follows: Activity Cost Pool Labour related Purchase orders Parts management Board etching General factory Actual Activity 41,200 DUHS 1,320 orders 421 part types 2,160 boards 82, See Ms Determine the amount of manufacturing overhead cost applied to production for the year (Round Intermediate calculations to 1 decimal place and final answers to the nearest whole dollar amount.) Applied Ovethed Activity Cost Pool Labour related Purchase orders Parts management Board etching General factory Total 5 4. Determine the amount of underapplied or overapplied overhead cost for the year. (Round Intermediate calculations to 1 decimal place and final answers to the nearest whole dollar amount.) voted cost