1. Compute the budgeted manufacturing overhead rate for 2017. 2. Compute the under- or overallocated manufacturing overhead of Radiator in 2017. Dispose of this amount using the following:

a. Write-off to Cost of Goods Sold

b. Proration based on ending balances (before proration) in Work-in-Process Control, Finished Goods Control, and Cost of Goods Sold

c. Proration based on the overhead allocated in 2017(before proration) in the ending balances of Work-in-Process Control, Finished Goods Control, and Cost of Goods Sold 3. Which method do you prefer in requirement 2? Explain.

Homework: Chapter 4 Homework Save Score: 0.61 of 1 pt 4 of 5 (5 complete) HW Score: 92.27%, 4.61 of 5 pts % P4-39 (similar to) : Question Help The Cozy Radiator Company uses a normal-costing system with a single manufacturing overhead cost pool and machine-hours as the cost-allocation base. The following data are for 2017: (Click the icon to view the following data.) Read the requirements. FG x Data Table WIP Now enter the account b $ 4,875,000 Machine-hours Budgeted manufacturing overhead costs Overhead allocation base Budgeted machine-hours Manufacturing overhead costs incurred Actual machine-hours 65,000 Cost of Goods Sold $ 4.975,000 Finished Goods Control 60.000 Work-in-Process Control Machine-hours data and the ending balances (before proration of under- or overallocated overhead) are as follows: c. Dispose of the amoun Goods Control, and Cost proportions as a decimal Actual Machine-Hours 2017 End-of-Year Balance fol, Finished hula. (Enter the tracted.) Cost of Goods Sold 51,000 $ 10,625,000 Finished Goods Control 7,000 1,250,000 625,000 COGS Work-in-Process Control 2,000 FG WIP Print Done Choose from any list or enter any number in the input fields and then click Check