Need help with this accounting paper(overhead scenarios), due tomorrow Im attaching the other one for reference

All numbers must show 2 decimals. Allocation base Machine-hours Estimated manufacturing overhead cost, at start of period Estimated total amount of the allocation base, at start of period Actual manufacturing overhead cost, known by the end of period Actual total amount of the allocation base, known during or at end of period $72,500.00 9875.00 $70,000.00 9800.00 Computation of the predetermined overhead rate Estimated manufacturing overhead cost, at start of period Estimated total amount of the allocation base, at start of period Predetermined overhead rate: EST OH COST/EST ALLOCATION BASE calculated at start of period $72,500.00 9875.00 $7.34 Computation of underapplied or overapplied manufacturing overhead Actual manufacturing overhead cost, known by the end of period Manufacturing overhead cost applied to Work in Process during the year: Predetermined overhead rate, calculated at start of period Actual total amount of the allocation base, known during or at end of period Manufacturing overhead applied [actual amount of base activity x rate] Underapplied (Overapplied) manufacturing overhead Entry to apply Manufacturing Overhead $70,000.00 x $7.34 9800.00 $71,949.37 $ (1,949.37) Work in Process Manufacturing Overhead Machine-hours Direct Labor Cost Input data in these cells machine-hours $ machine-hours machine-hours per machine-hour These cells will automatically calculate the predetermined overhead rate $60.00 25.00 direct labor cost $60.00 $25.00 direct labor cost $60.00 $25.00 direct labor cost $2.40 per direct labor dollar DON'T MESS WITH THESE CELLS $60.00 per machine-hour machine-hours $70,000.00 x vs Debit ork in Process $ 71,949.37 Manufacturing Overhead $71,949.37 $ $2.40 per direct labor dollar $25.00 direct labor cost $60.00 - Credit $71,949.37 Work in Process Manufacturing Overhead g Overhead Direct Labor Hours Input data in these cells $170,000.00 1820.00 direct labor hours $170,001.00 1799.00 direct labor hours Input data in these cells These cells will automatically calculate the predetermined overhead rate $170,000.00 1820.00 direct labor hours $93.41 per labor hour These cells will automatically calculate the predetermined overhead rate DON'T MESS WITH THESE CELLS DON'T MESS WITH THESE CE $170,001.00 x $60.00 $ vs Debit 60.00 $60.00 $93.41 per labor hour 1799.00 direct labor hours $168,038.46 $1,962.54 Credit Debit $168,038.46 Work in Process $ 60.00 $170,001.00 Manufacturing Overhead ut data in these cells ese cells will automatically culate the predetermined N'T MESS WITH THESE CELLS vs. $168,038.46 Credit $ 168,038.46 3 OVERHEAD SCENARIOS (30 pts) Just a reminder before starting the assignment: For each example there are #s for budgeted/estimated overhead, applied overhead, and actual overhead. The budgeted/estimated overhead is based on past experience and forecasting for the current period. This # is established at the start of the period. The applied overhead is based on the budgeted/estimated overhead through the pre-determined OH rate. It is applied during the period. The actual overhead is usually not known in full until the end of the period. Show work and your response in a color other than black. A useful document for this assignment is the interactive overhead worksheet in Excel. 1. A manufacturer has the following information: Budgeted or estimated Mfg OH costs = $1200 Estimated Direct Labor hours by plant workers = 500; Plant worker wages = $16/hour, budget & actual Estimated Machine Hours = 250 Actual Mfg OH costs for the period = $1,180 Actual Machine Hours = 254 Actual Direct Labor hours by plant workers = 495 The predetermined overhead rate is based on estimated direct labor hours. What is the predetermined overhead rate for manufacturing overhead? What is the amount of applied manufacturing overhead? What is the overapplied or underapplied manufacturing overhead? Show the journal entry in debit and credit form to apply manufacturing overhead. Show the journal entry in debit and credit form to adjust for underapplied or overapplied overhead. 2. Show work. Show work and your response in a color other than black. A manufacturer has the following information: Budgeted or estimated Mfg OH costs = $100 Estimated Direct Labor hours by plant workers = 500; Plant worker wages = $16/hour, budget & actual Estimated Machine Hours = 250 Actual Mfg OH costs for the period = $98.00 Actual Machine Hours = 254 Actual Direct Labor hours by plant workers = 495 The predetermined overhead rate is based on estimated machine hours. What is the predetermined overhead rate for manufacturing overhead? What is the amount of applied manufacturing overhead? What is the overapplied or underapplied manufacturing overhead? Show the journal entry in debit and credit form to apply manufacturing overhead. Show the journal entry in debit and credit form to adjust for underapplied or overapplied overhead. 3. Show work. Show work and your response in a color other than black. A manufacturer has the following information: Budgeted or estimated Mfg OH costs = $16,800 Estimated Direct Labor hours by plant workers = 5000; Plant worker wages = $16/hour, budget & actual. Estimated Machine Hours = 2500 Actual Mfg OH costs for the period = $16,998 Actual Machine Hours = 2583 Actual Direct Labor hours by plant workers = 5014 The predetermined overhead rate is based on estimated total direct labor cost (not just the hourly wage). What is the predetermined overhead rate for manufacturing overhead? What is the amount of applied manufacturing overhead? What is the overapplied or underapplied manufacturing overhead? Show the journal entry in debit and credit form to apply manufacturing overhead. Show the journal entry in debit and credit form to adjust for underapplied or overapplied overhead