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Exercise 7 - 3 2 ( Algo ) Predetermined Overhead Rates ( LO 7 - 3 ) Antoine Machining estimated its manufacturing overhead to be

Exercise 7-32(Algo) Predetermined Overhead Rates (LO 7-3)
Antoine Machining estimated its manufacturing overhead to be $302,250 and its direct materials costs to be $465,000 in Year 1. Three of the jobs that Antoine Machining worked on in Year 1 had actual direct materials costs of $30,000 for Job AMO02, $70,000 for Job AMO05, and $85,000 for Job AMO08. For Year 1, actual manufacturing overhead was $320,500 and total direct materials cost was $555,000. Manufacturing overhead is applied to jobs on the basis of direct materials costs using predetermined rates.
Required:
a. How much overhead was assigned to each of the three jobs, AMO02, AMO05, and AM008?
b. What was the over- or underapplied manufacturing overhead for Year 1?
Complete this question by entering your answers in the tabs below.
Required B
How much overhead was assigned to each of the three jobs, AM002, AM005, and AM008?
\table[[Job AM002,],[Job AM005,],[Job AMO08,]]
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