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Purch 30,000 410,000 to Prod Ind Cost of Goods of Goods Sold 1058500 10 End FG 120.000w Assemblen Wa $100,000 Sales Commissions $15,000 Repair on

Purch 30,000 410,000 to Prod Ind Cost of Goods of Goods Sold 1058500 10 End FG 120.000w Assemblen Wa $100,000 Sales Commissions $15,000 Repair on Machinery $13,000 S $4,500 Executive Bo $10.000 P Tard C stof we Prod +809,500 X IMG_1553.HEIC Ax Raw Mod Factory Dix Fr Raw M 2006 312 $10,000 $10.000 Work In Proct (W) $350,000 $100,000 Finished Good $250,000 $120,000 -on, Inc. is a steel contaiser manufactant. At the beginning of the year, the copy tala costs to be $715,000 and direct labor dollan of $2.640.000 bond on age of $1 piny uses labor hours as a basis to apply factory pay the year, the company actually produced and compined 1,000 bis The company and $410,000 fel and actually used 275,000 hours at an avage of $11.00 per direct labor bosta produce d Given the information above, determine the factory pre-determined everbend rate to be applied throughout the year calculate the product cost, per bax, based on your pre-determined Oll application p At the end of the year, the company actually incurred the following overhead genies: direct Labor of $400,000, Employment Taxes and Benefits of production workers of $130.000, Maintance on Equipes $125,000, Sales Commissions paid, $60, per box, Factory Depreciation Expense of $140.000, Net of $5,500, Production Facility Utility Costs of $100,000 and Executive Salaries of $275,000 Now, e Ta e determine the total value of factory overhead over allocation or under allocation, say, the of the year (5pts) d. explain the effects of the cost of sales and net lacime during the period based on your calculated over or under allocation-before the everlander allocation is expessed (p) e. give an example of a business decision that may be affected by grossly under ar ever allocating overhead (5pts); be detailed specifie

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