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Assume Troll House Cookies uses process costing and allocates manufacturing overhead based on machine hours. Troll House Cookies expects to incur $80,000 of manufacturing overhead

Assume Troll House Cookies uses process costing and allocates manufacturing overhead based on machine hours. Troll House Cookies expects to incur $80,000 of manufacturing overhead 10 costs, and to use 400 direct labor hours during fiscal year 2024.Please Help with Actual direct labour hours/MOH Allocated

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Compute the predetermined overhead allocation rate for fiscal year 2024 assuming a plant-wide rate is used. Predetermined overhead Total estimated overhead costs / Total estimated machine hours allocation rate S 80,000.00 Total estimated overhead costs 400 Total estimated direct labor hours ur 200 Predetermined overhead allocation rate Actual direct labor hours used MOH Allocatedeported the following inventories at May 31, 2024: tured Schedule using the following cost data and account balances: Account Balances Beg. Direct Materials un 50,000 Ending Direct Materials S 60,000 Beg. Work-In-Process Inventory 10,000 Un U Beg. Finished Goods 6,000 Ending Work-In-Process Inventory 5,000 Ending Finished Goods 8,000 Cookies Produced 110,000 cookies Cookies Sold 100,000 cookies Actual Direct Labor Hours Used 500 hrspute the Cost of Goods Manufactured by completing the Cost of Goods Manufactur Coconut Flakes Purchase 20,000 Oven Depreciation $ 10,000 Computer Insurance S 5,000 Bakery Security Guard Wages -U 20,000 Flour Purchased un 25,000 Bakers Salaries $ 50,000 Bakery Electricity 1,000 Eggs Purchased 30,000 Corporate Headquarters Heating S 7,000 Cookie Shipping S 1,000 Butter Purchased S 15,000 Baking Supervisor Salary $ 30,000 Sanitary Gloves Purchased (Worn by Bakers) S 5,500 Sugar Purchased $ 20,000

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