overhead costs Nelson Corporation manufactures custom cabinets for kichens. Buses anomal-coding system with two direct cost...

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overhead costs Nelson Corporation manufactures custom cabinets for kichens. Buses anomal-coding system with two direct cost categories-direct materials and disct manufacturing labor--and one indid cost pooltun View the manuching verhead costs information 2020 View the other information aralable anal December 31.2020 Calculate the underallocated or overallocated manufacturing overhead at the end of 2020 and pronate it to Work-as-Process Control Finished Goods Conbal, and Cast of Goods Sold accounts based on the allocated mandading overhead in each account balance iming normal costing Begin by calculating the budgeted indirect con rate. Identify the formula and then calculate the rate (Assume the cast allocation t Manufacturing overhead costs - X Budgeted indirect cost The manufacturing overhead allocated during the year is Identify the formula and calculate the underlocated or overallocated manufacturing overhead (Use parentheses or a minus sig Undersilocated (overall Indirect Budgeted manufacturing overhead costs Budgeted direct manufacturing labor hours Actual manufacturing overhead costs Actual direct manufacturing labor hours 5 875.000 35,000 hours 832,000 32,900 Dono

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