The predetermined overhead rate for Forsythe, Inc., is based on estimated direct labor costs of $400,000 and estimated factory overhead of $500,000 Actual costs incurred were: Direct Materials $250,000 Direct Labor $410,000 Overhead $500,000 Required: (a) Calculate the predetermined overehad rate AND calculate the overhead applied during the year. (b) (1) Determine the amount of over-or underapplied overhead AND indicate whether it was over or underapplied. (b)(2) Prepare the journal entry to eliminate the over. or underapplied overhead assuming that it is not material in amount. You MUST show your work to receive any credit at all. 2,3 & 4. Compute the activity overhead rates using ABC. Combine the grinding and polishing activities into a single cost pool. Determine overhead costs to assign to the following jobs using ABC. What is the overhead cost per unit for Job 3175? What is the overhead cost per unit for Job 42867 (Round your activity rate and average overhead cost per unit to 2 decimal places. Round "overhead assigned to the nearest whole dollar.)