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: Manufacturing Overhead (a) 2,333,000 Required: 1. What does entry (a) represent? Actual manufacturing overhead cost incurred Machine-hours Overhead applied 2. At the beginning of the year, the company made the following estimates of cost and activity for its five activity cost pools: Estimated Overhead Cost $570,000 Expected Activity 38,000 DLHS 40,500 Activity Cost Pool Activity Measure Labour related Direct labour- hours Purchase orders Number of orders Parts Number of part management types Number of Board etching boards General factory Machine-hours 1,500 orders 396 part 360,000 types 448,000 600,400 2,000 boards 79,000 MHS Compute the activity rate (.e., predetermined overhead rate) for each of the activity cost pools. (Round your final answers to 1 decimal place.) ALLILLLALALA Activity Cost Pool Labour related Purchase orders Parts management Board etching General factory Actual Activity per direct labour-hours per order per part type per board per machine-hours 3. During the year, actual activity was recorded as follows: Activity Cost Actual Activity Pool Labour related 41,000 DLHs Purchase orders 1,320 orders Parts 422 part types management Board etching 2,170 boards General factory 82,600 MHS 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 Overhead Activity Cost Pool Labour related Purchase orders Parts management Board etching General factory Total 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.) overhead cost