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) 2.300,000 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: Estimated Overhead Cost Expected Activity $592,000 37.000 DLHS Activity Cost Pool Activity Measure Direct labour Labour related hours Number of Purchase orders orders Parts Number of part management types Number of 51.000 1.500 orders 357.000 396 part types Acnen 51000 1,500 orders Purchase orders Parts management Board etching General factory INICI U orders Number of part types Number of boards Machine-hours 357000 396 Part types 452,000 634140 2,020 boards 81,300 MHS Compute the activity rate (.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 por part type per board per machine-hours 3. During the yean actual activity was recorded as follows: Activity Cost Pool Labour related Purchase orders Actual Activity 40.300 DLHS 1.299 orders Sanned 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 40,300 DLHS 1290 orders 419 part types 2.190 boards 81.900 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.) Ovohond cost