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Home I cut Copy Format Parter File Incert Page Layout Formulas DataReview View General Arial "10 Paste Number Font Alignment Clipboard A1 f Chapter 3: Applying Excel Chapter 3: Applying Excel 3 Data 4 Allocation base 5 Machine-hours $300,000 Estimated manufacturing overhead cost 75,000 machine-hours 6 Estimated total amount of the allocation base 7 Actual manufacturing overhead cost $290,000 68,000 machine-hours 8 Actual total amount of the allocation base 10 Enter a formula into each of the cells marked with a ? below 12 Computation of the predetermined overhead rate 8 Estimated manufacturing overhead cost 14 Estimated total amount of the allocation base 15 Predetermined overhead rate 16 17 Computation of underapplied or overapplied manufacturing overhead 18 Actual manufacturing overhead cost 19 Manufacturing overhead cost applied to Work in Process during the year 20 Predetermined overhead rate 21 Actual total amount of the allocation base 22M 23 Underapplied (overapplied) manufacturing overhead 24 25 26 27 28 29 ? machine-hours per machine-hour ? per machine-hour ? machine-hours Chapter 3 Form Ready

Explanation / Answer

Computation of predetermined overhead rate:

Computation of underapplied or overapplied manufacturing overhead:

Estimated manufacturing overhead cost $ 300,000 Estimated total amount of allocation base 75,000 machine hours Predetermined overhead rate $ 4 per machine hour

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