Abbott Pools manufactures swimming pool equipment. (Click the icon to view data.) Read the requirements 1. Determine the total overallocation or underallocation of manufacturing overhead during the year assuming that the company used direct labor hours as the allocation base. Actual manufacturing costs for the year for Abbott Pools totaled $1,325,000. - X Requirements Data Table use Predetermined Allocated Estimated manufacturing Estimated quantity overhead costs of allocation base overhead rate overhead $ 1,300,000 50,000 $ 1,357,200 Direct labor hours Direct labor cost Determine the total overallocation or underallocation of manufacturing overhead during the year in the following independent situations. Actual manufacturing costs for the year for Abbott Pools totaled $1,325,000. 1. Assume that the company used direct labor hours as the allocation base. 2. Assume that the company used the direct labor cost as the allocation base. 3. Assume that the company used machine hours as the allocation base. 4. Were there any situations in which jobs were costed correctly? If not, when were they overcosted? When were they undercosted? $ 1,300,000 $ $26.00 per DL hour 130% of DL cost $20.00 per MH 1,000,000 $ 1,332.500 Machine hours $ Jols 65,000 use 1,300,000 $ 1,276,000 Print Done Print Done Choose from any list or enter any number in the input fields and then continue to the next question. ? Abbott Pools manufactures swimming pool equipment E (Click the icon to view data.) Read the requirements 1. Determine the total overallocation or underallocation of manufacturing overhead during the year assuming that the company used direct labor hours as the allocation base. Actual manufacturing costs for the year for Abbott Pools totaled $1,325,000 Determine the total overallocation or underallocation of manufacturing overhead during the year. Manufacturing overhead is by 2. Determine the total overallocation or underallocation of manufacturing overhead during the year assuming that the company used the direct labor cost as the allocation base. Actual manufacturing costs for the year for Abbott Pools totaled $1,325,000 Determine the total overallocation or underallocation of manufacturing overhead during the year. Manufacturing overhead is by 3. Determine the total overallocation or underallocation of manufacturing overhead during the year assuming that the company used machine hours as the allocation base. Actual manufacturing costs for the year for Abbott Pools totaled $1,325,000 Determine the total overallocation or underallocation of manufacturing overhead during the year. Manufacturing overhead is by 4. Were there any situations in which jobs were costed correctly? If not, when were they overcosted? When were they undercosted? Choose from any list or enter any number in the innut fields and then continue to the next question Abbott Pools manufactures swimming pool equipment (Click the icon to view data.) Read the requirements 2. Determine the total overallocation or underallocation or manufacturing overneao auring the year assuming that the company used the direct lapor cost as the allocation base. Actual manufacturing costs for the year for Appon Pools totaled $1,325,000 Determine the total overallocation or underallocation of manufacturing overhead during the year. Manufacturing overhead is by 3. Determine the total overallocation or underallocation of manufacturing overhead during the year assuming that the company used machine hours as the allocation base. Actual manufacturing costs for the year for Abbott Pools totaled $1,325,000. Determine the total overallocation or underallocation of manufacturing overhead during the year. Manufacturing overhead is by 4. Were there any situations in which jobs were costed correctly? If not, when were they overcosted? When were they undercosted? the jobs option, causing jobs to be In this particular case, using direct labor hours as an allocation base resulted in by Using direct labor cost as an allocation was the by during the year. Using machine hours led to the by a total of allocation: Jobs were Choose from any list or enter any number in the input fields and then continue to the next