Question
Please help me with the following question, thank you in advance! Ameerz Pty Ltd manufactures pipes and, uses normal costing method and applies manufacturing overhead
Please help me with the following question, thank you in advance! Ameerz Pty Ltd manufactures pipes and, uses normal costing method and applies manufacturing overhead costs to production at a budgeted indirect-cost rate of $16.9 per direct labour-hour. The following data are obtained from the accounting records for February 2022: Direct materials $162066 Direct labour (4,800 hours @ $10/hour) 48,000 Indirect labour 20867 Plant facilityrent 34103 Depreciation on plant machinery and equipment 27479 Sales commissions 30596 Administrative expenses 17242 For February 2022, the manufacturing overhead (MOH) cost isover-allocated/(underallocated)by $________. (If the MOH is underallocated, present your answer as a negative number, e.g., -100, otherwise, just present the number). | ||||
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