Q3

Activity Budgeted Cost Allocated Cost Cost Driver Manufacturing overhead $382,000 $367,000 Direct labor hours Purchasing and receiving 43,000 52,000 Number of orders placed Selling 121,000 105,000 Percentage of sales revenue Administration 94,000 94,000 Number of employees Allocations were made to its different product lines. Calculate the percentage over-or underbudget these allocations reflect. (Round answer to 2 decimal places, e.g. 15.25%. Enter underbudget percentages using either a negative sign preceding the number e.g. -45.25% or parentheses e.g. (45.25)%. Do not leave any answer field blank. Enter O for percentages.) Key Activity Over/(under) Budget Manufacturing overhead % Purchasing and receiving % Selling % Administration %