Q3

Activity Budgeted Cost Allocated Cost Cost Driver Manufacturing overhead $371,000 $354,000 Direct labor hours Purchasing and receiving 48,000 59,000 Number of orders placed Selling 114,000 99,000 Percentage of sales revenue Administration 104,000 104,000 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 %