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HOME NSERT DESIGN PAGE LAYOUT REFERENCES MAILNGS REVIEW VIEWA M Courier New AaBbCcl AaBbCcI AaBbC 1 Normal T No Spac... Heading 1 Styles Paste lipboard

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HOME NSERT DESIGN PAGE LAYOUT REFERENCES MAILNGS REVIEW VIEWA M Courier New AaBbCcl AaBbCcI AaBbC 1 Normal T No Spac... Heading 1 Styles Paste lipboard Font Paragraph 3. Callaway Golf Company has two departments and information for each one is shown below. Each department allocates overhead using a different base. NOTE: ALL INFORMATION BELOW IS FOR THE ENTIRE YEAR. Actual ty Base. .Act.Base $39,000 Estimated Actual Estimated Dept. Activity Base Overhead Overhead Activi Clubs Direct labor cost $160, 000 $175,000 $100,000 $101,000 s 40,000 Bags..Mechine hours 10,000hrs 11,000hrs Instructions (SHOW ALL COMPUTATIONS or no credit given) (a) Compute the predetermined overhead rate for each department (b) Compute the amount of overdead applied for each department for the (c) Compute the amount of under- or over-applied overhead for each (d) Record the journal entry to adjust the amount determined in part year. department. (c). fex the "Bags" Department ONLY assuming it is adjusted at year- end. E3 OF7 1539 WORDS

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