Data Allocation base Estimated manufacturing overhead cost $300,000 Estimated to
ID: 2420594 • Letter: D
Question
Data Allocation base Estimated manufacturing overhead cost $300,000 Estimated total amount of the allocation base 75,000 Machine-hours Actual manufacturing overhead cost $290,000 Actual total amount of the allocation base 68,000 Machine-hours Enter a formula into each of the cells marked with a ? below Computation of the predetermined overhead rate Estimated manufacturing overhead cost Estimated total amount of the allocation base ? machine-hours Predetermined overhead rate ? per machine-hourComputation of underapplied or overapplied manufacturing overhead Actual manufacturing overhead cost ? Manufacturing overhead cost applied to Work in Process during the year: Predetermined overhead rate ? per machine hour Actual total amount of the allocation base ? machine-hours Manufacturing overhead applied ? Underapplied (overapplied) manufacturing overhead ? Data Allocation base Estimated manufacturing overhead cost $300,000 Estimated total amount of the allocation base 75,000 Machine-hours Actual manufacturing overhead cost $290,000 Actual total amount of the allocation base 68,000 Machine-hours Enter a formula into each of the cells marked with a ? below Computation of the predetermined overhead rate Estimated manufacturing overhead cost Estimated total amount of the allocation base ? machine-hours Predetermined overhead rate ? per machine-hour
Computation of underapplied or overapplied manufacturing overhead Actual manufacturing overhead cost ? Manufacturing overhead cost applied to Work in Process during the year: Predetermined overhead rate ? per machine hour Actual total amount of the allocation base ? machine-hours Manufacturing overhead applied ? Underapplied (overapplied) manufacturing overhead ?
Explanation / Answer
Data Allocation base Estimated manufacturing overhead cost 300000 B3 Estimated total amount of the allocation base 75000 Machine-hours B4 Actual manufacturing overhead cost 290000 B5 Actual total amount of the allocation base 68000 Machine-hours B6 Enter a formula into each of the cells marked with a ? below Computation of the predetermined overhead rate Estimated manufacturing overhead cost =B3 B9 300000 Estimated total amount of the allocation base =B4 machine-hours B10 75000 Predetermined overhead rate =B3/B4 per machine-hour B11 4 Computation of underapplied or overapplied manufacturing overhead Actual manufacturing overhead cost =B5 290000 Manufacturing overhead cost applied to Work in Process during the year: Predetermined overhead rate =B11 per machine hour B16 4 Actual total amount of the allocation base =B6 machine-hours B17 68000 Manufacturing overhead applied =B16*B17 B18 272000 Underapplied (overapplied) manufacturing overhead =B9-B18 28000
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