Konto Outono Nelson Corporwion manufacture custom cabinets for the uses a roma costing team with two directo categorie direct materials and direct manufacturing labor and one indred.contpoolmanding and cost The following information is bem December 31, 2017 It provides the following information about manufacturing overhead costs for 2017 the icon to view the women) m (click the foon to view the manasturing ved cost information for 2017) Requirement Calendriend or reading even 2017 and Work-n-Pro Cartold Good Control, and of Gode Bold worden te word manufacturing overhead in acht being conting Begin by calling the budgeted indirect controlerely the formula and then he me the colocation base a direct weer Budgeted manufacturing overhead coa tudied aborto Budgeted indirettore Data Table 1 130.000 36.000 The managed during the years Men Odin Tech Acne Adhe Om Year for Data Tab Account WO Account terrein 1 41.000 1 57 000 $ 2.200.000 $ 220.000 Cost of goods sold 1.00 1,120.000 1 Budget mantingut costs Budget direct mantring bor hours Almancung hand cool Actus direct maturing behoor 1.120.000 35,000 hour 1210.000 34000 N $ bone Print Done Enter any number Olivia Walde 1 of 2 (1 complete) HWS with two direct cost facturing overhead costs. The following information is available as of December 31, 2017 Click the icon to view the information.) Requirement Calculate the underallocated or overallocated manufacturing overhead at the end of 2017 Work-in-Process Control, Finished Goods Control, and Cost of Goods Sold accounts base manufacturing overhead in each account balance using normal costing. rate. (Assume the cost allocation base is direct labor hours.) Budgeted indirect cost rate = $ 32 i Data Table $ Budgeted manufacturing overhead costs Budgeted direct manufacturing labor hours Actual manufacturing overhead costs Actual direct manufacturing labor-hours 1,120,000 35,000 hours 1,292,000 34,000 hours $ Print Done Score: 0.22 of 1 pt 1 of 2 (1 complete) % T14-4 (similar to) Nelson Corporation manufactures custom cabinets for kitchens. It uses a normal costing system with two direct cost categories-direct materials and direct manufacturing labor--and 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.) The follc (Clic Require Calculate Work-in- manufac Begin by calculating the budgeted indirect cost rate. Identify the formula and then calculate the rate. (Assume the cost allocation base Budgeted manufacturing overhead costs Budgeted labor hours - Budgeted indirect cost rate 1.120,000 35,000 32 The manufacturing overhead allocated during the year is $ Data Table Budgeted manufa Budgeted direct Problems 1 of 2 (1 complete) The following information is available as of Decembe (Click the icon to view the information.) sa normal costing system with two direct cost indirect-cost pool, manufacturing overhead costs. sts for 2017. en for 2017.) Requirement Calculate the underallocated or overallocated manufa Work-in-Process Control, Finished Goods Control, ar manufacturing overhead in each account balances x Data Table Account Manufacturing Overhead in Each Account Balance Allocated in the Current Year (Before Proration) $ 64,960 $ 69,440 S 985,600 Work-in-process control Finished goods control Cost of goods sold Account Balance (Before Proration) $ 41.000 $ 57.000 $ 2,200,000 S 2,298,000 $ 1.120,000 Print Done Find Done Clear All
