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

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	Activity Measure	Estimated Overhead Cost			Expected Activity
Labour related	Direct labour-hours	$	570,000		38,000	DLHs
Purchase orders	Number of orders		40,500		1,500	orders
Parts management	Number of part types		360,000		396	part types
Board etching	Number of boards		448,000		2,000	boards
General factory	Machine-hours		600,400		79,000	MHs

Compute the activity rate (i.e., predetermined overhead rate) for each of the activity cost pools. (Round your final answers to 1 decimal place.)

3. During the year, actual activity was recorded as follows:

Activity Cost Pool	Actual Activity
Labour related	41,000	DLHs
Purchase orders	1,320	orders
Parts management	422	part types
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.)

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.)

Sylvan Company uses activity-based costing to determine product costs for external financial reports. Some of the entries have completed to the manufacturing overhead account for the current year, as shown by entry (a) below: Manufacturing Overhead 2,333,000 Required: 1. What does entry (a) represent? 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 Number of boards Machine-hours Estimated Overhead Cost $ 570,000 40,500 360,000 448,000 600,400 Expected Activity 38,000 DLHS 1,500 orders 396 part types 2,000 boards 79,000 MHs Compute the activity rate (i.e., 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 Actual Activity per direct labour-hours per order Prey 4 of 6 Next > 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 Number of boards Machine-hours Estimated Overhead Cost $ 570,000 40,500 360,000 448,000 600,400 Expected Activity 38,000 DLHS 1,500 orders 396 part types 2,000 boards 79,000 MHs Compute the activity rate (i.e., 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 part type per board per machine-hours 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 41,000 DLHS 1,320 orders 422 part types 2,170 boards 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.) Activity Cost Pool Applied Overhead Labour related Purchase orders Parts management Board etching General factory Total $ 0 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