Falmouth Pools manufactures swimming pool equipment (Click the icon to view data.) Read the requirements 1. Determine the total overallocation or underallocation of manufacturing overhead during the year assuming that the company used direct labor hours as the alocation base. Actual manufacturing costs for the year for Falmouth Pools totaled $1,425,000 Determine the total overallocation or underallocation of manufacturing overhead during the year Manufacturing overhead is 2. Determine the total overallocation or underallocation of manufacturing overhead during the year assuming that the company used the direct labor cost as the alocation base. Actual manufacturing costs for the year for Falmouth Pools totaled $1,425,000 Determine the total overallocation or underallocation of manufacturing overhead during the year. Manufacturing overhead is 3. Determine the total overallocation or underallocation of manufacturing overhead during the year assuming that the company used machine hours as the allocation base. Actual manufacturing costs for the year for Falmouth Pools totaled $1.425.000. Determine the total overallocation or underallocation of manufacturing overhead during the year. Manufacturing overhead is by 4. Were there any situations in which jobs were costed comectly? If not, when were they overcosted? When were they undercoated? In this particular case, using direct labor hours as an allocation base resulted in by by by a total of Using direct labor cost as an allocation was the during the year. Using machine hours led to the the jobs option, causing jobs to be allocation: Jobs were Time Remaining: 01:08:45 Next Read the requirements 1. De costs Data table Deter Man - X purs as the allocation base. Acta Estimated manufacturing Estimated quantity Predetermined Allocated 2. De costs or cost as the allocation base. A overhead costs of allocation base overhead rate overhead Direct labor hours $ 1,400,000 50,000 $28.00 per DL hour $ 1,447,600 Dete Direct labor cost $ 1,400,000 $ 1,000,000 140% of DL cost $ 1,428,000 Man Machine hours $ 1,400,000 40,000 $35.00 per MH $ 1,382,500 s as the allocation base. Actum 3. De costs Dete Man 4. Were there bry Print Done In this particular case, using direct labor hours as an allocation base resulted in by by by a total of Using direct labor cost as an allocation was the during the year. Using machine hours led to the option, causing jobs to be allocation: Jobs were the jobs - Determine the total o Osts for the year for Fa etermine the total ove anufacturing overhea Determine the total o sts for the year for Fa termine the total ove anufacturing overhea Determine the total o sts for the year for Fa termine the total ove nufacturing overhea Requirements Determine the total overallocation or underallocation of manufacturing overhead during the year in the following independent situations. Actual manufacturing costs for the year for Falmouth Pools totaled $1,425,000. 1. 2. 3. 4. 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? Print Done Xsed direct labor hours as the allocatio sed the direct labor cost as the alloc used machine hours as the allocation Were there any situa his particular case, using direct labor hours as an allocation base resulted in Using direct labor cost as an allocation was the the jobs option, causing jobs to be ted? Falmouth Pools manufactures swimming pool equipment. (Click the icon to view data.) Read the requirements costs for the year for Falmouth Pools totaled $1,425,000 Determine the total overallocation or underalocation of manufacturing overhead during the year Manufacturing overhead is 2. Determine the total overallocation or underallocation of manufacturing overhead during the year assuming that the company used the direct labor cost as the allocation base. Actual manufacturing costs for the year for Falmouth Pools totaled $1,425,000 Determine the total overallocation or underalocation of manufacturing overhead during the year Manufacturing overhead is 3. Determine the total overallocation or underallocation of manufacturing overhead during the year assuming that the company used machine hours as the alocation base. Actual manufacturing costs for the year for Falmouth Pools totaled $1,425,000 Determine the total overallocation or underallocation of manufacturing overhead during the year. Manufacturing overhead is 4. Were there any situations in which jobs were costed correctly? If not, when were they overcoated? When wore they undercosted? In this particular case, using direct labor hours as in allocation base resulted in by by Using direct labor cost as an allocation was the during the year. Using machine hours led to the the jobs option, causing jobs to be allocation: Jobs were by a total of Time Remaining: 00:50:46 Next