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ACCT 2332 Hello I need help with the following problem. Thank you in advance 3. Either print or make a copy of your worksheet in
ACCT 2332
Hello I need help with the following problem. Thank you in advance
3. Either print or make a copy of your worksheet in your workbook before proceeding. You will need to refer back to this worksheet Change the estimated total amount of the allocation base to 76,000 machine-hours, but keep everything the same as in Requirement 2. The data area of your worksheet should now look like this Chapter 2: Applying Excel 3 Data 4 Allocation base 5 Estimated manufacturing overhead cost 6 Estimated total amount of the allocation base Machine-hours $630,800 76,000 machine- hours 7 Actual manufacturing overhead cost $627,200 8 Actual total amount of the allocation base 76,000 machine hours (a) By how much is the manufacturing overhead underapplied or overapplied? manufacturing overheac (b)Why is the amount of underapplied (overapplied) manufacturing overhead different from Requirement 2 above? (Select all that apply.) The change in the estimated total amount of the allocation base affected the predetermined overhead rate The change in the estimated total amount of the allocation base affected the amount of manufacturing overhead applied Actual manufacturing overhead cost differs from period to period The estimated manufacturing overhead cost did not change in proportion to the change in the estimated total amount of e allocation baseStep by Step Solution
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