qestion 1

questin 2

questin 3

Data table Well - Flow Company had estimated $1,053,000 of manufacturing overhead (MOH) for the year and 58,500 direct labor (DL) hours, resulting in a predetermined MOH rate of $18 per DL hour. By the end of that year, the company had actually incurred $1,005,000 of MOH costs and had used a total of 57,000DL hours on various jobs. 1. By how much did the company overallocate or underallocate MOH for the year? 2. Was MOH overallocated or underallocated for the year? How do you know? 1. By how much did the company overallocate or underallocate MOH for the year? The company overallocated or underallocated MOH for the year by 2. Was MOH overallocated or underallocated for the year? How do you know? MOH was We know this because the exceeded the for the year. Playtime Industries manufactures custom-designed playground equipment for schools and city parks. Playtime expected to incur $586,600 of manufacturing overhead cost, 41,900 of direct labor hours, and $1,592,200 of direct labor cost during the year (the cost of direct labor is $38 per hour). The company allocates manufacturing overhead on the basis of direct labor hours. During May, Playtime completed Job 304. The job used 190 direct labor hours and required $14,800 of direct materials. The City of Jonestown has contracted to purchase the playground equipment at a price of 28% over manufacturing cost. Read the requirements. Requirement 1. Calculate the manufacturing cost of Job 304. First identify the formula, then calculate the predetermined overhead rate. 1. Determine the total overallocation or underallocation of manufacturing overhead during the year assuming that the company used direct labor hours as the allocation base. Actual manufacturing costs for the year for Edmonton Pools totaled $1,425,000. Determine the total overallocation or underallocation of manufacturing overhead during the year. Manufacturing overhead is by