Compute a predetermined factory overhead for each alternative base, assuming that rates would have been determined using the total amount of factory overhead for the past five years to the total associated activity base for the same five-year period.

ifis:\\*-*) Predetermined Overhead Rates As an assistant cost accountant for Firewall Industries, you have been assigned to review the activity base for the predetermined factory overhead rate. The president, JoJo Gunn, is concerned about the wide fluctuation in the amount of over- or underapplied overhead in recent years. An analysis of the company's operations and use of the current overhead rate (direct labor cost) has narrowed the possible alternative overhead bases to direct labor cost and machine hours. For the past five years, the following data have been gathered: YearS Year 4 Year 3 Year 2 Year 1 Actual overhead $ 790,000 870,000 $ 935,000 $ 845,000 $ 760,000 Applied overhead 777,000 862,000 924,000 840,000 777,000 (Over-) underapplied overhead 13,000 $ (12,000) $ 11,000 $ 5000 (17,000) Direct labor cost $3,885,000 $4,410,000 $4,620,000 $4,200,000 $3,885,000 Machine hours 93,000 104,000 111,000 100,400 91,600