Estimated manufacturing overhead $ 500,000

Actual manufacturing overhead $ 550,000

Estimated direct labor hours 10,000 hours

Actual direct labor hours 10,500

13.	Calculate the predetermined overhead allocation rate using direct labor hours as the allocation base.
14.	Determine the amount of overhead allocated during the year. Record the journal entry.
15.	Determine the amount of underallocated or overallocated overhead. Record the journal entry to adjust Manufacturing Overhead.