Given the information shown below answer the questions below: Actual manufacturing overhead Estimated manufacturing overhead Actual direct materials cost Estimated direct materials cost Actual direct labor cost Estimated direct labor cost Estimated machine hours Actual machine hours $2,100,000 $2,000,000 $400,000 $380,000 $420,000 $450,000 4,000 4,300 Calculate the predetermined factory overhead rate using machine hours as a cost driver. Calculate the predetermined factory overhead rate using direct labor cost as a . cost driver. Would overhead be overapplied or underapplied given the data shown above. If the additional information shown below is provided: what net income or (net loss) would the company report Per unit selling price Number of units produced and sold Total selling expenses Total general and administrative expenses $80.00 400,000 $400,000 $600,000