Michal Bowry & | 03/21/21 1:53 PM Save 4 2 of 5 (2 complete) HW Score: 24.35%, 2.43 of 10 pts Tutoring Question Help $ ms. It uses a normal The following information is available as of December 31, 2017 cials and direct (Click the icon to view the information.) aring overhead ring overhead costs Requirement Calculate the underallocated or overallocated manufacturing overhead at the tinformation for 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. Ey the formula and then calculate the rate. (Assume the cost allocation base is direct labor hours.) Budgeted labor hours = Budgeted indirect cost rate = $ 30 32,000 $ ring laborand one indirect-cost pool, manufacturing overhead ovides the following information about manufacturing overhead costs Requirement Calculate the underalloca end of 2017 and prorate and Cost of Goods Sold a overhead in each account the icon to view the manufacturing overhead cost information for - calculating the budgeted indirect cost rate. Identify the formula and then calculate the rate. (Assume Ited in etc 0 Data Table any $ 960,000 Budgeted manufacturing overhead costs Budgeted direct manufacturing labor hours Actual manufacturing overhead costs Actual direct manufacturing labor-hours 32,000 hours 992,000 $ 31,000 hours Print Done 43 of 2 pts 2 of 5 (2 complete) -4 (book/static) corporation manufactures custom cabinets for kitchens. It uses a normal The following information is avai ystem with two direct cost categories-direct materials and direct (Click the icon to view the in turing labor-and one indirect-cost pool, manufacturing overhead provides the following information about manufacturing overhead costs Requirement Ek the id Data Table - by calcul Manufacturing Overhead in Each geted ma Account Account Balance (Before Proration) $ 40,000 $ Work-in-process control Finished goods control Cost of goods sold Account Balance Allocated in the Current Year (Before Proration) $ 14,400 $ 24,000 $ 921,600 manufactul $ $ 60,000 1,900,000 $ $ 2,000,000 $ 960,000 Print Done Click the icon to view the information Requirement Calculate the underlocated or overalocated manufacturing overhead at the end of 2017 and prove it to Work-n-Process Control Finished Goode Control and Cost of Goods Sold accounts based on the located maracturing overed in each count balance using normal conting