provide detail solutions, please.

4. The Ride-On-Wave (ROW) Company produces a line of non-motorized boats. ROW uses a normal job-costingRequired Print system and allocates manufacturing overhead costs using direct manufacturing labour cost. The following data 1. Calculate the budgeted manufacturing overhead rate are available for 2015 2. Calculate the amount of underallocated or overallocated Click the icon to view the data.) Inventory balances on December 31, 2015 were as follows 2(Click the icon to view the account balances.) manufacturing overhead 3. Calculate the ending balances in work-in-process, finished goods sold if underallocated or goods, and cost of overallocated overhead is a. Written off to cost of goods sold. b. Prorated based on ending balances (before proration) in each of the three accounts. c. Prorated based on the overhead allocated in 2015 in the ending balances, before proration, in each of the three accounts 4. Which disposition method do you prefer in Requirement 3? Explain. Requirement 1. Calculate the budgeted manufacturing overhead rate Identify the formula and calculate the overhead allocation rate. (Abbreviation used: mfg. manufacturing. Enter the overhead allocation rate as a whole number, rounded to the nearest whole number.) Budgeted mfg. overhead 135,000 Budgeted cost allocation base 225,000 s Overhead allocation rate 60 % of DL costs Requirement 2. Calculate the amount of underallocated or overallocated manufacturing overhead. Identify the formula and calculate the underallocated or overallocated overhead. (Abbreviations used: Bgt.-budgeted, mfg. manufacturing. Use parentheses or a minus sign to report overhead overallocated.) Actual mfg. overhead Allocated mfg overhead Underallocated (Overallocated) (4,000) - 134,000 138,000 Requirement 3. Calculate the ending balances in work-in-process, finished goods, and cost of goods sold if underallocated or overallocated overhead is (a.) Calculate the ending balances in work-in-process, finished goods, and cost of goods sold if underallocated or overallocated overhead is written off to cost of goods sold. Account Work-in-process Ending Balance