Windsor Company uses activity$-$based costing to determine product costs. 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$)2,407,000$

Required:

$1.$ What does entry $($a$)$ represent?

multiple choice

Overhead applied

Actual manufacturing overhead cost incurred

Machine$-$hours

$2.$ 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 $ $608,00038,000$ DLHs

Purchase orders Number of orders $49,5001,500$ orders

Parts management Number of part types $360,000403$ part types

Board etching Number of boards $449,0002,020$ boards

General factory Machine$-$hours $614,25081,900$ MHs

Compute the activity rate $($i$.$e$.,$ predetermined overhead rate$)$ for each of the activity cost pools. $($Note: 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 $41,200$ DLHs

Purchase orders $1,300$ orders

Parts management $416$ part types

Board etching $2,120$ boards

General factory $81,600$ MHs

Determine the amount of manufacturing overhead cost applied to production for the year. $($Note: 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. $($Note: Round intermediate calculations to $1$ decimal place and final answers to the nearest whole dollar amount$).$