COST ACCOUNTING PRELIMS 2 For Nos. 1-4 Assume that Dell's Austin, Texas plant allocates manufacturing overhead based on machine hours. Supposed Dell budgeted 10 million machine hours and P 90 million manufacturing overhead cost. Finally, assume that Dell actually used 12 million machine hours and incurred the following actual costs (in millions) P Indirect labor Plant depreciation Machinery repairs Direct labor 10 47 15 75 Plant supplies Plant utilities Advertising Sales commissions 35 25 1 What is Dell's predetermined manufacturing overhead costs? P 9.00'machine hour b P 7.50 machine hour CP 0.13/machine hour d P 0.17machine hour 2 What is Dell's actual manufacturing overhead costs? P 85 b P 120 a CP 160 d P 220 3 How much manufacturing overhead would Dell allocate? P 85 b P 90 a CP 108 d P 220 5 5 5 4 What entry would Dell to close the Manufacturing overhead account? a Manufacturing overhead 5 c Cost of goods sold Cost of goods sold Manufacturing overhead b Manufacturing overhead d Cost of goods sold Cost of goods sold 23 Manufacturing overhead 23 23 23