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10 abe Wrap Text General Conditional A1: f Chapter 3: Applying Excel 3 Data Esti

ID: 2330601 • Letter: 1

Question

10 abe Wrap Text General Conditional A1: f Chapter 3: Applying Excel 3 Data Estimated manufacturing overeed cost Estimated total amount of the alocation base 300,000 6 7Actual manufacturing overhead cost $290,000 68,000 Actual total amount ofl the allocation base 10 Enter a formuia into each of the cels marked with a 7 below 2 Computation of the predetermined overhead rate Estimated manufacturing overhead cost 14 Estimated total amount of the allocation base overhead rate 16 18 Actual manufacturing overhead cost Manufacuring overhead cost applied to Work in Process during the yoar Predetermined overhead rate per machine-hour Actual total amount of the allocation base 22 Manufacturing overhead applied 24 25 27 29 35 38 Chapter3 Form Ready esc - Fb

Explanation / Answer

Calculate following :

Computation of predetermine overhead rate Estimated manufacturing overhead cost 300000 Estimated total amount of allocation base 75000 Machine hour Predetermine overhead rate $4 per machine hour Computation of under applied/overapplied manufacturing overhead Actual manufacturing overhead cost 290000 manufacturing overhead cost applied to work in process during the year Predetermine overhead rate 4 per machine hour Actual total amount of allocation base 68000 Machine hour Manufacturing overhead applied 272000 Underapplied (overapplied) manufacturing overhead 18000