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I have the answers but I dont know how to do the entire question with work shown. UPDATE i need the work to be shown
I have the answers but I dont know how to do the entire question with work shown. UPDATE i need the work to be shown I just have the answers lol
%) 114-4 (similar to) Question Help The following information is available as of December 31, 2017. (Click the icon to view the information.) Robinson Corporation manufactures custom cabinets for kitchens. It uses a normal costing system with two direct cost categoriesdirect materials and direct manufacturing laborand one indirect-cost pool, manufacturing overhead costs. It provides the following information about manufacturing overhead costs for 2017. B (Click the icon to view the manufacturing overhead cost information for 2017.) Requirement Calculate the underallocated or overallocated manufacturing overhead at the end of 2017 and prorate it to Work-in-Process Control, Finished Goods Control, and Cost of Goods Sold accounts based on the allocated manufacturing overhead in each account balance using normal costing. i Data Table 0 Data Table $ 1,332,000 37,000 hours Budgeted manufacturing overhead costs Budgeted direct manufacturing labor hours Actual manufacturing overhead costs Actual direct manufacturing labor-hours $ Account Balance 1,026,000 27,000 hours Manufacturing Overhead in Each Account Balance Allocated in the Current Year (Before Proration) $ 37,296 Account Work-in-process control Finished goods control (Before Proration) $ 36,000 $ 57,000 $ 1,500,000 Print Done $ $ Cost of goods sold 82,584 1,212,120 1,332,000 This question is complete. Move your cursor over or tap on the red arrows to see inco $ 1,593,000 $ The following information is available as of December 31, 2017. E (Click the icon to view the information.) Robinson Corporation manufactures custom cabinets for kitchens. It uses a normal costing system with two direct cost categoriesdirect materials and direct manufacturing laborand one indirect-cost pool, manufacturing overhead costs. It provides the following information about manufacturing overhead costs for 2017. B Click the icon to view the manufacturing overhead cost information for 2017.) Requirement Calculate the underallocated or overallocated manufacturing overhead at the end of 2017 and prorate it to Work-in-Process Control, Finished Goods Control, and Cost of Goods Sold accounts based on the allocated manufacturing overhead in each account balance using normal costing. Begin by calculating the budgeted indirect cost rate. Identify the formula and then calculate the rate. (Assume the cost allocation base is direct labor hours.) / Budgeted manufacturing overhead costs $ 1,332,000 Budgeted labor hours 37,000 Budgeted indirect cost rate $ 36 / The manufacturing overhead allocated during the year is $ $ 972,000 Identify the formula and calculate the underallocated or overallocated manufacturing overhead. (Use parentheses or a minus sign to report overhead overallocated.) Underallocated (overallocated) indirect costs Actual indirect costs incurred Indirect costs allocated This question is complete. Move your cursor over or tap on the red arrows to see incorrect answers. Score: 0.65 of 3 pts 4 of 4 (4 complete) HW Score: 69.86%, 6.99 of 10 %x T14-4 (similar to) Question Help The following information is available as of December 31, 2017. (Click the icon to view the information.) Robinson Corporation manufactures custom cabinets for kitchens. It uses a normal costing system with two direct cost categoriesdirect materials and direct manufacturing laborand one indirect-cost pool, manufacturing overhead costs. It provides the following information about manufacturing overhead costs for 2017. (Click the icon to view the manufacturing overhead cost information for 2017.) Requirement Calculate the underallocated or overallocated manufacturing overhead at the end of 2017 and prorate it to Work-in-Process Control, Finished Goods Control, and Cost of Goods Sold accounts based on the allocated manufacturing overhead in each account balance using normal costing. Identify the formula and calculate the underallocated or overallocated manufacturing overhead. (Use parentheses or a minus sign to report overhead overallocated.) Underallocated (overallocated) indirect costs Actual indirect costs incurred Indirect costs allocated 1,026,000 $ 972,000 $ 54,000 Finally, prorate the underallocated or overallocated manufacturing overhead to Work-in-Process Control, Finished Goods Control, and Cost of Goods Sold accounts based on the allocated manufacturing overhead in each account balance using normal costing. (Enter percentages to one decimal point, X.X%. Abbreviations used: MOH = manufacturing overhead) Account Manufacturing Overhead in Each MOH Account Balance (Before Account Balance Allocated in the as a Percent Proration Balance (After) Account Proration Current Year (Refore Proration of Total Amount Proration This question is complete. Move your cursor over or tap on the red arrows to see incorrect answers. Homework: Chapter 4 HW Save Score: 0.65 of 3 pts 4 of 4 (4 complete) HW Score: 69.86%, 6.99 of 10 p % T14-4 (similar to) Question Help Robinson Corporation manufactures custom cabinets for kitchens. It uses a normal costing system with two The following information is available as of December 31, 2017. direct cost categoriesdirect materials and direct manufacturing laborand one indirect-cost pool, manufacturing overhead costs. It provides the following information about manufacturing overhead costs for Click the icon to view the information.) 2017. Requirement E: (Click the icon to view the manufacturing overhead cost information for 2017.) Calculate the underallocated or overallocated manufacturing overhead at the end of 2017 and prorate it to Work-in-Process Control, Finished Goods Control, and Cost of Goods Sold accounts based on the allocated manufacturing overhead in each account balance using normal costing. Finally, prorate the underallocated or overallocated manufacturing overhead to Work-in-Process Control, Finished Goods Control, and Cost of Goods Sold accounts based on the allocated manufacturing overhead in each account balance using normal costing. (Enter percentages to one decimal point, X.X%. Abbreviations used: MOH = manufacturing overhead) Manufacturing Overhead in Each Account Balance (Before Proration) Account Balance Allocated in the Account Current Year (Before Proration) 37,296 $ $ Work-in-process control Finished goods control 2.8 % MOH Account as a Percent Proration Balance (After) of Total Amount Proration) $ 1,512 $ 37,512 $ 3,348 $ 60,348 91.0 % $ 49,140 $ 1,549,140 $ 54,000 $ 1,647,000 36,000 57,000 1,500,000 $ $ 82,584 6.2 % $ $ Cost of goods sold 1,212,120 $ 1,593,000 1,332,000 100.0 % This question is complete. Move your cursor over or tap on the red arrows to see incorrect answersStep by Step Solution
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