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e manufacturing records for Portage Canoes at the end of the 2018 fiscal year show the following information about manufacturing ove Overhead allocated to production

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e manufacturing records for Portage Canoes at the end of the 2018 fiscal year show the following information about manufacturing ove Overhead allocated to production Achial manufacturing overhead costs Predetermined overhead allocation rate $ 399,000 431,000 42 per machine hour Read the requirements Requirement 1. How many machine houts did Portage Canoes use in 2018? Actual machine hours how much? Allocated overhead Requirement 2. Was manufacturing overhead over Estimated machine hours Manufacturing overhead is by Predetermined overhead allocation rate Total actual overhead costs Requirement 3. Prepare the journal entry to adjust Total estimated overhead costs Date Accounts Debit icturing overhead (Record debits first, then Credit Dec 31 Choose from any list or enter any number in me input fields and then continue to the next question le manufacturing records for Portage Canoes at the end of the 2018 fiscal year show the following information about manufacturing overhead Overhead allocated to production 5 399,000 Actual manufacturing overhead costs 431.000 Predetermined overhead allocation rate 42 per machine hour Lead the requirements Requirement 1. How many machine hours did Portage Canoes use in 2018? = Actual machine hours Requirement 2. Was manufacturing overhead overallocated or underallocated for the year, and by how much? Manufacturing overhead is bys Requirement 3. Prepare the journal entry to adjust for the underallocated or overallocated manufacturing overhead (Record debits first, then credits Date Accounts Credit Dec 31 Choose from any list or enter any number in the input fields and then continue tome next question The manufacturing records for Portage Canoes at the end of the 2018 fiscal year show the following information about manufacturing over Overhead allocated to production $ 399,000 Actual manufacturing overhead costs 431,000 Predetermined overhead allocation rate 42 per machine hour Read the requirements Requirement 1. How many machine hours did Portage Canoes use in 2018? Actual machine hours Requirement 2. Was manufacturing overhead overallocated or underallocated for the year, and by how much? Manufacturing overhead is by 5 Requirement 3. Prepare the journal entry to adjust for the underallocated or overallocated manufacturing overhead (Record debits first, the Dato Accounts Debit Credit Dec 31 Cash Cost of Goods Sold Finished Goods Inventory Manufacturing Overhead Raw Materials Inventory Work in Process Inventory Choose from any ist or enter any number in the inters and

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