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4) Milead Enterprises reports the following information at December 31: Manufacturing Overhead $7,350 $45,500 21.000 18,500 Requirements 1. What is the actual manufacturing overhead of

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4) Milead Enterprises reports the following information at December 31: Manufacturing Overhead $7,350 $45,500 21.000 18,500 Requirements 1. What is the actual manufacturing overhead of Milead Enterprises? 2. What is the allocated manufacturing overhead? 3. Is manufacturing overhead under-allocated or over-allocated? By how much? 4. Prepare the journal entry to write-off under/over-allocated overhead

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