% E4-28 (similar to) Question Help Henrietta Woodworking uses normal costing and allocates manufacturing overhead to jobs based on a budgeted labor-hour rate and actual direct labor-hours. Under- or overallocated overhead, if immaterial, is written off to Cost of Goods Sold. During 2017, Henrietta recorded the following: (Click the icon to view the data.) Read the requirements. i Requirements i X Data Table Requ Enter 1. 2. $ Bu 4,370,000 Budgeted manufacturing overhead costs Budgeted direct labor-hours - 190,000 3. Compute the budgeted manufacturing overhead rate. Prepare the summary journal entry to record the allocation of manufacturing overhead. Compute the amount of under-or overallocated manufacturing overhead. Is the amount significant enough to warrant proration of overhead costs, or should Henrietta Woodworking write it off to cost of goods sold? Prepare the journal entry to dispose of the under- or overallocated overhead. = $ 4,586,000 Actual manufacturing overhead costs Actual direct labor-hours 200,000 Print Done Print Done