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on bliCK D66 11) Plastic Produ cts Company manufactures pipes and applies manufacturing costs to production at a budgeted indirect-cost rate of $12 per direct

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on bliCK D66 11) Plastic Produ cts Company manufactures pipes and applies manufacturing costs to production at a budgeted indirect-cost rate of $12 per direct labor-hour. The following data are obtained from the accounting records for June 2014: Direct materials Direct labor (16,000 hours @ $11/hour) Indirect labor Plant facility rent Depreciation on plant machinery and equipment Sales commissions Administrative expenses S350,000 176,000 20,000 100,000 40,000 60,000 Required: a. Wh b. c. at actual amount of manufacturing overhead costs was incurred during June 2014? What amount of manufacturing overhead was allocated to all jobs during June 2014? For June 2014, was manufacturing overhead underallocated or overallocated? Explain. 12) Markswell Corp uses a budgeted factory overhead rate to apply overhead to production

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