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Options of correct answers below 1) overallocated or underallocated 2) overallocated or underallocated 3) overallocated or underallocated 4) overcosting or undercostin g best or worst

image text in transcribedOptions of correct answers below

1) overallocated or underallocated

2) overallocated or underallocated

3)overallocated or underallocated

4) overcosting or undercosting

best or worst

higly overcosted or highly undercosted or slightly overcosted or sligltly undercosted

least accurate or more accurate

Lastly , Jobs were overcosted or undercosted

Voisine Pools manufactures swimming pool equipment. Determine the total overallocation or underallocation of manufacturing overhead during the year. Actual manufacturing costs for the year totalled $1,225,000 E (Click the icon to view data.) 1. Assume that Voisine used direct labour hours as the allocation base 2. Assume that Voisine used the direct labour cost as the allocation base. 3. Assume that Voisine used machine hours as the allocation base 4. Were there any situations in which jobs were costed correctly? If not, when were they overcosted? When were they undercosted? Manufacturing overhead is by 2. Determine the total overallocation or underallocation of manufacturing overhead assuming that Voisine used the direct labour cost as the allocation base. Data Table Manufacturing overhead is by $ 3. Determine the total overallocation or underallocation of manufacturing overhead assuming that Voisine used machine hours as the allocation base. Manufacturing overhead rate Manufacturing overhead is by S $ 24 Total manufacturing Actual use overhead allocated 52,300 $ 1,255,200 $1,025,000 $ 1,230,000 39,500 S 1,185,000 Direct labour hours Direct labour dollars Machine hours 4. Were there any situations in which jobs were costed correctly? If not, when were they overcosted? When were they undercosted? In Voisine's particular case, using direct labour hours as an allocation base resulted in the jobs by $ 120% 30 S Using direct labour cost as an allocation was the option, causing jobs to be by during the year Print Done Using machine hours led to the allocation: Jobs were by a total of $

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