1 D W .. . HOW GW GW G s OTi GW HU 7 HE Ir in (2 GK B TUAN EN ONEC5. G R X C gradescope.com/courses/470653/assignments/2486582/submissionsew [ G => 0/10 Questions Answered Q4 9 Points The Tribbiani family produces a line of drones. The Tribbianis use a normal-costing system and Q allocate manufacturing overhead using direct labor cost. The following data are for 2020: Budgeted manufacturing overhead cost $125,000 Budgeted direct manufacturing labor cost $250,000 Actual manufacturing overhead cost $111,000 Actual direct manufacturing labor cost $230,000 Inventory balances at the end of the year were as follows: Account Ending Balance Direct Labor cost in Ending Balance Work in process $42,750 $23,000 Finished goods 247,950 66,700 Cost of goods sold 564,300 140,300 Type here to search a 26 F Mostly sunny ENG 2:57 PM 199+ 2/1/20231 D W .. . HOW GW GW G s GW HU 7 HE I in (2 GK B TUN EN ONEC5. G R X C gradescope.com/courses/470653/assignments/2486582/submissionsew [ G => 0/10 Questions Answered Q4.1 1 Point Q Calculate the manufacturing overhead allocation rate. Enter your answer here Save Answer Q4.2 1 Point Compute the amount of under or over allocated manufacturing overhead. Enter your answer here Save Answer Type here to search a ? ENG 2:57 PM 199+ 26'F Mostly sunny 2/1/20231 D W .. . HOW GW GW G s OTi GW HU 7 HE Ir in (2 GK B TUAN EN ONEC5. G R X C gradescope.com/courses/470653/assignments/2486582/submissionsew [ G => 0/10 Questions Answered Q4.3 1 Point Calculate the ending balances in work in process, finished goods and cost of goods sold if under- Q or overallocated manufacturing overhead is written off to cost of goods sold (i) Work in process ending balance Enter your answer here (ii) Finished goods ending balance Enter your answer here (iii) cost of goods sold ending balance Enter your answer here Save Answer 04.4 Type here to search a ? 26'F Mostly sunny ENG 2:57 PM 199+ 2/1/20231 D W .. . HOW GW GW G s GW HU 7 HE Ir in (2 GK B TUAN EN ONEC5. G R X C gradescope.com/courses/470653/assignments/2486582/submissionsew [ G => 0/10 Questions Answered 3 Points Calculate the ending balances in work in process, finished goods and cost of goods sold if under- or overallocated manufacturing overhead is prorated based on ending balances in each of the three accounts Q (i) Work in process ending balance Enter your answer here (ii) Finished goods ending balance Enter your answer here (iii) cost of goods sold ending balance Enter your answer here Save Answer Q4.5 3 Points Type here to search a 199+ ? 26'F Mostly sunny ENG 2:57 PM 2/1/2023