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Classic Uniforms produces uniforms. The company allocates manufacturing overhead based on the machine hours each job uses. Classic Uniforms reports the following cost data for

Classic Uniforms produces uniforms. The company allocates manufacturing overhead based on the machine hours each job uses.

Classic Uniforms reports the following cost data for the past? 



BudgetActual
Direct labor hours. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7,000 hours6,600 hours
Machine hours. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6,600 hours6,800 hours
Depreciation on salespeople's autos. . . . . . . . . . . . . . . . . . . . . . . . .$21,500$21,500
Indirect materials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$48,500$54,000
Depreciation on trucks used to deliver uniforms to customers. . . . .$12,000$11,000
Depreciation on plant and equipment. . . . . . . . . . . . . . . . . . . . . . . .$67,000$69,000
Indirect manufacturing labor. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$42,000$43,000
Customer service hotline. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$21,500$22,500
Plant utilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$33,900$34,900
Direct labor cost. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$69,000$84,000


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Classic Uniforms produces uniforms. The company allocates manufacturing overhead based on the machine hours each job uses. Classic Uniforms reports the following cost data for the past year: Requirement 1. Compute the predetermined manufacturing overhead rate. Enter the formula for predetermined manufacturing overhead rate, then compute the rate. =Predetermined overhead rate Requirement 2. Calculate the allocated manufacturing overhead for the past year. per machine hour Manufacturing = overhead allocated = Requirement 3. Compute the underallocated or overallocated manufacturing overhead. How will this underallocated or overallocated manufacturing overhead be disposed of? First calculate the preliminary manufacturing overhead balance using the T-account. Time Remaining: 01:17:57 Next

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