Question
Aquatics manufactures swimming pool equipment. Determine the total overallocation or underallocation of manufacturing overhead during the year. Actual manufacturing costs for the year totalled $
Aquatics manufactures swimming pool equipment. Determine the total overallocation or underallocation of manufacturing overhead during the year. Actual manufacturing costs for the year totalled $ 2,700,000
1. Assume that Dimopoulos used direct labour hours as the allocation base.
2. Assume that
Dimopoulos used the direct labour cost as the allocation base.
3. Assume that Dimopoulos 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?
Save Homework: Chapter 5 Score: 0.21 of 1 pt % 55-5 (similar to) 2 of 14 (2 complete) HW Score: 1.53%, 0.21 of 14 pts 3 Question Help Dimopoulos Aquatics manufactures swimming pool equipment. Determine the total overallocation or underallocation of manufacturing overhead during the year. Actual manufacturing costs for the year totalled $2,700,000. : (Click the icon to view data.) 1. Assume that Dimopoulos used direct labour hours as the allocation base. 2. Assume that Dimopoulos used the direct labour cost as the allocation base. 3. Assume that Dimopoulos 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. Determine the total overallocation or underallocation of manufacturing overhead assuming that Dimopoulos used direct labour hours as the allocation base. 0 Data Table - X Manufacturing overhead is by $ Manufacturing overhead rate $ Direct labour hours Direct labour dollars 67 208% 83 Total manufacturing Actual use overhead allocated 39,900 $ 2,673,300 $ 1,230,600 $ 2,559,648 38,500 $ 3,195,500 Machine hours $ Print Done Enter your answer in the answer box and then click Check Answer. 2 parts remaining Clear All CheckStep by Step Solution
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