Edmonton Pools manufactures swimming pool equipment. (Click the icon to view data.) Determine the total overallocation or underallocation of manufacturing overhead during the year in the following independent situations. Actual manufacturing costs for the year for Edmonton Pools totaled $1,325,000. 1 Assume that the company used direct labor hours as the allocation base. Assume that the company used the direct labor cost as the allocation base Assume that the company used machine hours as the allocation base. Were there any situations in which jobs were costed correctly? If not, when were they overcosted? When were they undercosted? 2. 3. 4. 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 Edmonton Pools totaled $1,325,000. Determine the total overallocation or underallocation of manufacturing overhead during the year. X Data Table overallocated Manufacturing overhead is by $ Estimated manufacturing Predetermined Estimated quantity Allocated overhead overhead costs of allocation base overhead rate $ $26.00 per DL hour $ 1,300,000 1,357,200 Direct labor hours 50,000 $ $ 130% of DL cost Direct labor cost 1,300,000 1,000,000 1,332,500 $20.00 per MH $ $ 1,300,000 1,276,000 Machine hours 65,000 Print Done