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Classic Uniforms produces uniforms. The company allocates manufacturing overmead based on the machine hours each job...

Question:

Classic Uniforms produces uniforms. The company allocates manufacturing overmead based on the machine hours each job uses. Classic Uniforms reports the following cost data for the past year 囲(Click the icon to view the cost data.) Read the recuiremants. Requirements Requirement 1. Compute the predetermined manufacturing overhead rate. Enter the formula for predetermined manufacturing overhead rate, then compute the rate. 1. Compute the predetermined manufacturing overhead rate. 2. Caloulate the allocated manufacturing overhead for the past year 3. Compute the underallocated or overallocated manufacturing overhead. How Estimated yearty overhead costs 160,800 Estimated yeariy machine hoursProdetermined overhead rate 6,700 24 per machine hour will this underal located or overallocated manufacturing overhead be disposed 4. How can managers use accounting information to help control manufacturing overhead costs? Requirement 2. Calculate the allocated manufacturing ovorhead for the past yoar Predetermined overhead rate Actual machine hours overhead allocated Print Done 24 6600 -$158,400 Requirement 3. Compute the underallocated or overallocated manufacturing overhead. How will this underallocated or over First calculate the preliminary manufacturing overhead balance using the T-account Data Table Manufacturing Overhead Manufactu ring overhead allocated 16930 Budget 7,000 hours 6,300 hours 6,700 hours 6,600 hours Actual Direct labor hours Machine hours Depreciation on salespeoples autos Indirect materials Depreciation on trucks used to deliver uniforms 23,000 50,000 23,000 53,000 to customers Depreciation on plant and equipment Indiroct manufacturing labor Customer service hotine Plant utilities S 13,500 65,500 S 41,500 s 22,000 S 3,800 12,000 67,000 44,500 $ 23,000 $ 4,800 Choose from any list or enter any number in the input fields and then click Check Answer Clea

Classic Uniforms produces uniforms. The company allocates manufacturing overmead based on the machine hours each job uses. Classic Uniforms reports the following cost data for the past year 囲(Click the icon to view the cost data.) Read the recuiremants. Requirements Requirement 1. Compute the predetermined manufacturing overhead rate. Enter the formula for predetermined manufacturing overhead rate, then compute the rate. 1. Compute the predetermined manufacturing overhead rate. 2. Caloulate the allocated manufacturing overhead for the past year 3. Compute the underallocated or overallocated manufacturing overhead. How Estimated yearty overhead costs 160,800 Estimated yeariy machine hoursProdetermined overhead rate 6,700 24 per machine hour will this underal located or overallocated manufacturing overhead be disposed 4. How can managers use accounting information to help control manufacturing overhead costs? Requirement 2. Calculate the allocated manufacturing ovorhead for the past yoar Predetermined overhead rate Actual machine hours overhead allocated Print Done 24 6600 -$158,400 Requirement 3. Compute the underallocated or overallocated manufacturing overhead. How will this underallocated or over First calculate the preliminary manufacturing overhead balance using the T-account Data Table Manufacturing Overhead Manufactu ring overhead allocated 16930 Budget 7,000 hours 6,300 hours 6,700 hours 6,600 hours Actual Direct labor hours Machine hours Depreciation on salespeople's autos Indirect materials Depreciation on trucks used to deliver uniforms 23,000 50,000 23,000 53,000 to customers Depreciation on plant and equipment Indiroct manufacturing labor Customer service hotine Plant utilities S 13,500 65,500 S 41,500 s 22,000 S 3,800 12,000 67,000 44,500 $ 23,000 $ 4,800 Choose from any list or enter any number in the input fields and then click Check Answer Clea

Answers

Requirement -3
MANUFACTURING OVERHEAD ACCOUNT
Indirecct Material $53,000.00 WIP $1,58,400.00
Indirect Labour $44,500.00 COGS (under-allocation) $10,900.00
Dep on plant $67,000.00
Plant utilities $4,800.00   
Total $1,69,300.00 $1,69,300.00
General Entry
Account Tittle Debit Credit
Cost of Goods Sold $10,900.00
Under Applied Mnufacturing Overhead $10,900.00
.

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