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all answers must be entered as formulas, so can I please have the formulas with the answers? Thank you Compute a predetermined overhead rate. 2.

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Compute a predetermined overhead rate. 2. Prepare schedules of cost of goods manufactured and cost of goods sold. Cost of Goods Manufactured and Cost of Goods Sold- Excel PAGE LAYOUT DATA M Paste B u A. Alignment Number Conditional Format as Cell cels Editing Formatting Table Styles Cipboard CAI v 1 V Stanford Enterprises uses job-order costing. 1 Stanford E uses job order costing. 2 The allocation base for overhead is direct labor hours. 4 Data for the year just ended: 275,000 5 Estimated total manufacturing overhead cost 6 Estimated total direct labor hours 27760 7 Actual total direct labor hours 9 Actual costs for the year: S375,000 10 Purchase of raw materials (all direct) $536,300 11 Direct labor cost S302,750 12 Manufacturing overhead costs 4 Inventories: 5,000 1.375 15 Raw materials (all direct) 27,875 22.350 16 Work in process 34,600 26450 17 Finished goods 19 Use the data to answer the following. 21 1. Compute applied overhead and determine the amount of underapplied or overapplied overhead 22 Actual manufacturing overhead cost Actual direct labor hours Sign In

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