File Home Insert Data Draw Page Layout Formulas Review View Help Arial -10 A A = Wrap Text Paste B I U H 5 A Merge & Cer Undo Clipboard Font 21 Alignment AC7 4 Company Name Costing System GIVEN INFORMATION Manufacturing Overhead Costs are Allocated to Jobs Based Upon this Cost Driver: 5 First Year of Business 6 7 Direct Manufacturing Labor 8 Direct Materials Factory Overhead 10 Machine Hours 11 Manufacturing Labor Hours 12 13 Calculate the following values log Corp. Normal Job Costing Machine Hours 2021 2021 Budget 2021 Actual $1,200,000 $1,180,000 $4,80,000 $550,000 $2,000,000 $1,763,200 160,000 149,932 40,000 34,572 RESPONSE AREA 14 2021 Budgeted Manufacturing Rate Per Unit of Cost Driver (5) 15 2021 Actual Manufacturing Rate Per Unit of Cost Driver ($) 16 Total Amount of Manufacturing Overhead Control (S) 17 Total Amount of Manufacturing Overhead Applied (S) 18 Is Overhead Over or Under applied? What is the Total Amount of Over or Under Applied Overhead? 20 INSTRUCTIONS Q1 Q2 Ready Accessibility Investigate D