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please help me answer from 1 to 3 of the requirements. please help me with this question DATA Zero Corporation manufactures precision equipment made to

please help me answer from 1 to 3 of the requirements.

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please help me with this question DATA Zero Corporation manufactures precision equipment made to order for the semiconductor industry. Zero uses two manufacturing overhead cost pools-one for the overhead costs incurred in its highly automated Machining Department and another for overhead costs incurred in its labour-based Assembly Department. Zero uses a normal costing system. It allocates Machining Department overhead costs to jobs based on actual machine-hours using a budgeted machine-hour overhead rate. It allocates Assembly Department overhead costs to jobs based on actual direct manufacturing labour-hours using a budgeted direct manufacturing labour-hour rate. The following data are for the year: Eff(Click the icon to view the data for the year.) Required i Data for the year - X Requireme answers to The budget Machining Assembly The budget Department Department Requireme Budgeted overhead $ 5,225,000 $ 7,615,000 overallocate balances (1 Budgeted machine-hours (MH) 50,000 ed overhead a Budgeted direct manufacturing labour-hours (DMLH) 124,500 We will beg Actual manufacturing overhead costs 5,025,000 $ 7,665,000 The first ste Machine-hours and direct manufacturing labour-hours and the ending balances (before proration of the amount underallocated overhead) are as follows: Actual Direct Balance Before Actual Actual Machine- Manufacturing Proration, $ Hours Labour-Hours End of Year EA Cost of Goods Sold 51,000 78,100 $ 21,800,000 Finished Goods 18,000 15,000 2,100,000 Enter any n Work-in-Process 16,300 28,500 7,600,000 Onarts QUESTIONS ite. The fall icon Required - X :1. Co (Round e near 1. Compute the budgeted overhead rates for the year in the Machining and Assembly Departments. I overt 2. Compute the under- or overallocated overhead in each department for the I overt year. Dispose of the under- or overallocated amount in each department using: :2. Co a. Immediate write-off to Cost of Goods Sold. nder- or amou Proration based on ending balances (before proration) in Cost of Goods on endin b. ore pr on the bunt ( Sold, Finished Goods, and Work-in-Process. Process C. Proration based on the allocated overhead amount (before proration) in with a the ending balances of Cost of Goods Sold, Finished Goods, and Work-in-Process is to fi 3. Which disposition method is preferred in requirement 2? Explain. nd then or the anufad Print Done 7,665,000 $ 7,417,600 = $ 247,400

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