A, B, and C are the tasks. there is also a question at the bottom

125,000 Chapter 2 HW---ACC220---HCT Assume over/under applies to ending inventory hours Basis for POHR Capacity/hrs. 10,500 Budget/Hrs 9,600 basis for POHR Budgeted overhead spending $s 82,560 8.6 Actual/Hrs 9,300 Raw Ending is before over/under applied Materials WIP FG Total Overhead Beginning Inventory $s 44,000 189,000 358,000 Total Ending Inventory $s 131,000 39,000 175,000 345,000 Overhead in inventory 11,000 69,840 80,840 Actual Period Spending Purchased material to Raw Matis. 175,000 Note to get addition to WIP for materials Direct labor spending 18,000 + Beginning + adds to Materials - ending materials = materials into WIP [ WIP addition Overhead spending 89,000 [A] What is POHR & what is over/under applied using Actual spending, actual production & budget hrs. based POHR POHR = Applied overhead Overapplied or either over OR under not both Underapplied [B] Actual Cost of goods manufactured using budget overhead rate as POHR before applying over/under applied overhead From WIP to FG Show calculations COG Manufactured Look up the formulae; see PPT and/or excel [C]Based on Ending inventory s, inventory is to be adjusted, show adjustment to inventory for over/under applied overhead using budgeted POHR Show calculations WIP FG adjustment only overhead Ending total 39,000 175,000 Ending Overhead 11,000 69,840 equals exactly one month of inventory combined Adjustment | Adjusted Ending| determine what portion of the month applied is in inventory at PE then how much is in WIP how muck in FG