New Tab + Update G Search Google or type a URL Apps M Gmail O YouTube Maps s Q Combo Organizatio... Ginail Images ! Customize The Solar Radiator Company uses a normal-costing system with a single manufacturing overhead cost pool and machine-hours as the cost-allocation base. The following data are for 2017: (Click the icon to view the following data.) 0 Data Table Read the requirements. - X Requirements - X 1. Compute the budgeted manufacturing overhead rate for 2017 2. Compute the under-or overallocated manufacturing overhead of Solar Radiator in 2017. Dispose of this amount using the following: a. Write-off to Cost of Goods Sold b. Proration based on ending balances (before proration) in Work-in-Process Control, Finished Goods Control, and Cost of Goods Sold C. Proration based on the overhead allocated in 2017 (before proration) in g balances of Work in Process Control, Finished Goods Control, and Cost of Goods Sold 3. Which method do you prefer in requirement 2? Explain. Budgeted manufacturing overhead costs $ 4,500,000 Overhead allocation base Machine-hours Budgeted machine-hours 50.000 Manufacturing overhead costs incurred $ 4,650,000 Actual machine-hours 60.000 Machine-hours data and the ending balances (before proration of under-or overallocated overhead) are as follows: Actual Machine Hours 2017 End-of-Year Balance Cost of Goods Sold 42.000 S S 11,250,000 Finished Goods Control 15.000 2,250,000 Work-in-Process Control 3,000 1,500,000 the ending Print Done Print Done Choose from any list or enter any number the mput Terds and then CHICK CHECK ANSV re Type here to search OH * A9 10:38 AM 2/9/2021