question attached

Cozy Corporation manufactures precision equipment made to order for the semiconductor industry. Cozy uses two manufacturing overhead cost pools-one for the overhead costs incurred in its highly automated Machining Department and another for overhead costs incurred in its labour-based Assembly Department. Cozy uses a normal costing system. It allocates Machining Department overhead costs to jobs based on actual machine-hours using a budgeted machine-hour overhead rate. It allocates Assembly Department overhead costs to jobs based on actual direct manufacturing labour-hours using a budgeted direct manufacturing labour-hour rate. The following data are for the year 2019: (Click the icon to view the data.) Required i Data X Re i Required - X Assem Th Machining Assembly Th Department Department Re 1. Compute the budgeted overhead rates for the year in the Machining e year. Budgeted overhead $ 4,800,000 $ 6,812,000 bods Sold; b. and Assembly Departments. pro pods, a 2. Compute the under- or overallocated overhead in each department for Budgeted machine-hours (MH) 85,000 0 ig balances of Cost of Go the year. Dispose of the under- or overallocated amount in each Budgeted direct manufacturing labour-hours (DMLH) 0 125,000 We department using the following: Actual manufacturing overhead costs $ 4,700,000 $ 6,962,000 Th a. Immediate write-off to Cost of Goods Sold select Machine-hours and direct manufacturing labour-hours and the ending balances (before proration It using a minus sign.) b. Proration based on ending balances (before proration) in Cost of Goods Sold, Finished Goods, and Work-in-Process of underallocated overhead) are as follows: C. Proration based on the allocated overhead amount (before or und Actual Direct Balance Before proration) in the ending balances of Cost of Goods Sold, Finished Goods, and Work-in-Process Actual Machine- Manufacturing Proration, Us 3. Which disposition method do you prefer in requirement 2? Explain. unt for Hours Labour-Hours December 31, 2019 Cost of Goods Sold 68,000 81,200 $ 21, 100,000 Print Done Finished Goods 10,000 11,000 2,600,000 No artmer er a "0" for any zero ad Work-in-Process 15,600 27,500 7,800,000 Choose from any list or enter any number in the input fields and then continue to the next questio Print Done