1 of 2 (2 complete) 1 correct T14-4 (similar to) Question Help The following information is available as of December 31, 2017. (Click the icon to view the information.) Macy Corporation manufactures custom cabinets for kitchens. It uses a normal costing system with two direct cost categoriesdirect materials and direct manufacturing labor-and one indirect-cost pool, manufacturing overhead costs. It provides the following information about manufacturing overhead costs for 2 (Click the icon to view the manufacturing overhead cost information for Data Table $ 720.000 Actual indirect costs incurred 30,000 hours Indirect costs all 648,000 Budgeted manufacturing overhead costs Budgeted direct manufacturing labor hours Actual manufacturing overhead costs Actual direct manufacturing labor-hours 756,000 $ 756,000 27,000 hours Finally, prorate the underallocated or overallocated manufacturing overhead based on the allocated manufacturing overhead in each account balance us MOH = manufacturing overhead) Print Done Account Manufacturing Overheal as a Percent Proration Balance (Before Proration) Account Balance Allocated in the Current Year (Before Proration) $ 30,240 Balance (After) Proration) Account of Total Amount $ 37,000 % Work-in-process control Finished goods control $ $ 34,560 % 55,000 1,500,000 $ $ Cost of goods sold 655,200 % $ 1,592,000 $ 720,000 % Enter any number in the edit fields and then click Check