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Data Table Direct labor hours Direct labor cost Machine hours Estimated manufacturing Estimated quantity overhead costs of allocation base 1,225,000 61,250 1,225,000 $ 980,000 1,225,000
Data Table Direct labor hours Direct labor cost Machine hours Estimated manufacturing Estimated quantity overhead costs of allocation base 1,225,000 61,250 1,225,000 $ 980,000 1,225,000 35,000 Predetermined overhead rate $20.00 per DL hour 125% of DL cost $35.00 per MH Allocated overhead 1,310,000 1,281,250 1,221,500 $ $ $ Print Done Waldman Pools manufactures swimming pool equipment. Click the icon to view data.) Read the requirements. .... 1. Determine the total overallocation or underallocation of manufacturing overhead during the year assuming that the company used direct labor hours as the allocation base. Actual manufacturing costs for the year for Waldman Pools totaled $1,275,000. Determine the total overallocation or underallocation of manufacturing overhead during the year. Manufacturing overhead is by 2. Determine the total overallocation or underallocation of manufacturing overhead during the year assuming that the company used the direct labor cost as the allocation base. Actual manufacturing costs for the year for Waldman Pools totaled $1,275,000. Determine the total overallocation or underallocation of manufacturing overhead during the year. Manufacturing overhead is by 3. Determine the total overallocation or underallocation of manufacturing overhead during the year assuming that the company used machine hours as the allocation base. Actual manufacturing costs for the year for Waldman Pools totaled $1,275,000. Determine the total overallocation or underallocation of manufacturing overhead during the year. Manufacturing overhead is by 4. Were there any situations in which jobs were costed correctly? If not, when were they overcosted? When were they undercosted? the jobs In this particular case, using direct labor hours as an allocation base resulted in by Using direct labor cost as an allocation was the by during the year. Using machine hours led to the option, causing jobs to be allocation: Jobs were by a total of
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