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Alba Foundry uses a predetermined manufacturing overhead rate to allocate overhead to individual jobs based on the machine hours required. At the beginning of the
Alba Foundry uses a predetermined manufacturing overhead rate to allocate overhead to individual jobs based on the machine hours required. At the beginning of the year, the company expected to incur the following: E: (Click the icon to view the beginning of the year Information.) At the end of the year, the company had actually incurred the following: EL (Click the icon to view the ending of the year Information.) Beginning of the year information Requirements 1. Compute Albe's predetermined manufacturing overhead rate 2 How much manufacturing overhead was allocated to jobs during the year? 3 How much manufacturing overhead was incurred during the year? is manufacturing overhead underallocated or overallocated at the end of the year? By how much? Manufacturing overhead cost $ 729.000 4. Were the jobs overcosted or undercosted? By how much? Direct labour cost 1.500.000 Machine hours Requirement 1. Compute Alba's predetermined manufacturing overhead rate 81.000 hours Determine the formula to calculate the predetermined overhead rate, and then calculate the rate (Round your answer to the nearest whole dollar.) Predetermined overhead rate End of the year Information 1 per machine hour Requirement 2. How much manufacturing overhead was allocated to jobs during the year? Select the labels for the formula to calculate the overhead to be allocated, and then calculate the manufacturing overhead allocated Manufacturing overhead allocated $ 1.230,000 588.000 21,000 Direct labour cost. Depreciation on manufacturing plant and equipment Property taxes on plant Sales salaries Delivery drivers' wages Plantjanitors' wages Machine hours 27.000 Requirement 3. How much manufacturing overhead was incurred during the year? Is manufacturing overhead underallocated or overallocated at the end of the Complete the following table to determine the total manufacturing overhead costs. (Leave any unused cells blank.) 15,500 12,500 87 500 hours Print Done Choose from any list or enter any number in the input fields and then continue to the next
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