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Nakia is the production manager for WakTech. Nakia's division of WakTech focuses on wearable technology. Nakia's group just finished a production job, Job SHU-001. The

Nakia is the production manager for WakTech. Nakia's division of WakTech focuses on wearable technology. Nakia's group just finished a production job, Job SHU-001. The company allocates overhead based on direct labor dollars actually incurred. Nakia's cost accountant has presented her with the following information:

Summary of WakTech manufacturing costs

Budgeted manufacturing overhead costs

$

5,408

Actual manufacturing overhead costs

5,522

Budgeted direct manufacturing labor cost

3,207

Actual direct manufacturing labor cost

2,220

Information for Job SHU-001

Budgeted direct materials costs

$

694

Actual direct materials costs

721

Budgeted direct manufacturing labor costs

895

Actual direct manufacturing labor costs

852

Account balances as of 12/31/2019

Accounts

Total balance (Unadjusted)

Overhead in balance (Unadjusted)

Work-in-process

$468

$23

Finished goods

1,531

766

Cost of goods sold

2,454

1,227

Required:

Calculate the predetermined overhead rate Nakia should apply to Job SHU-001 if she uses actual costing.

Calculate the predetermined overhead rate Nakia should apply to Job SHU-001 if she uses normal costing. Round your answer to two decimal places.nothing

Assume that WakTech uses actual costing. Using the data above, calculate the overhead applied to job SHU-001.

Assume WakTech uses actual costing. Using the data above, calculate the total manufacturing cost of job SHU-001.

1. Assume that WakTech uses normal costing. Using the data above, calculate the the amount of under-(over-) allocated overhead for the firm as a whole.

$nothing

2. Suppose instead that WakTech had used actual costing. How much would the under-(over-) allocated overhead be for the firm as a whole?

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