QUESTION 18 Scott's Manufacturing, a small uniform manufacturer, uses machine-hours as the allocation base to allocate manufacturing overhead costs to the various jobs contracted during the year. The company uses a normal costing system. Estimates are provided for the year for the company and actual amounts are given for the West End School (WES) job which required the production of uniforms. Direct materials Company Budget Year WES Job Actual Costs $50.000 Direct labor $1.500 $15.000 $300 Manufacturing overhead costs $55.000 $350 Machine-hours 110,000 mhrs 1,300 mhis a. Calculate the annual manufacturing budgeted overhead cost-allocation rate for the company. (1 mark) Calculate the total manufacturing overhead allocated to the West End School Job. (1 mark) c. Calculate the total cost of the West End School Job using the allocated overhead. (2 marks) d. Calculate the over or under allocated overhead for the West End School Job. (1 mark) e. Of the three possible ways to dispose of under-allocated or over-allocated overhead costs at the end of the financial year which does not require a recalculation of the overhead rate and is most theoretically correct. (1 mark) Click Save and Submit to save and submit. Click Save All Answers to save all answers. 8A DE 3