The following is one of the jobs completed during the year Direct materials Direct Labour Units completed # of orders Machine hours Kilowatt hours Actual overhead Product A $2200 $ 2500 210 40 350 200 $1800 Product B $3300 $ 3030 400 21 256 400 $1550 The company's policy uses machine hours as the activity for FBC method I REQUIRED Part 1 1. Calculate the predetermined rate for the plant using FBC based on machine hours for each job 2. Calculate total product cost using FBC based on Machine hours for each job 3. Calculate the unit cost for each Product 4. Is the overhead over-applied or under-applied