Question III ( 30 points) Ultra is smart phone manufacturers, due to the rapid changes in technology, market competition ten minutes intense. Ultra company is now producing a new mobile phone UX3380, the company adopted a p a positive constant cost method, and a machine operating hour basis for the apportionment of indirect manufacturing costs. To lower the company in 2020 related information in direct material $5,200,000 Direct labor $2,240,000 Estimated annual indirect manufacturing cost $9,600,000 Estimated annual machine operating hours 160,000 Actual indirect manufacturing cost $9.900,000 Actual annual machine operating hours 150,000 The following is the actual machine operating hours and relevant information before the end of the period adjustment: Actual machine operating hours Cost of goods sold 120,000 Finished goods 22.000 inventory Work in progress 8,000 inventory 2020 ending balance $16,000,000 $2,500,000 $1,500,000 1. Calculate the estimated manufacturing cost allocation rate for 2020. (0.5 points) 2. The calculation of enterprises and more or less share allocation of indirect manufacturing costs, and adjust the relevant accounts households a. Transfer in cost of goods sold b. Press at the end of process inventory. Finished goods inventory and cost of goods sold knot over (Before proportional apportionment) proportional apportionment c. According to the end-of-period balance of the amortized indirect manufacturing costs in the three account shed product inventory $1,500,000 Work in progress 8,000 inventory 5015 1. Calculate the estimated manufacturing cost allocation rate for 2020. (0.5 points) 2 The calculation of enterprises and more or less share allocation of indirect manufacturing costs, and adjust the relevant accounts househoids: a. Transfer-in cost of goods sold b. Press at the end of process inventory, finished goods inventory and cost of goods sold knat over (Before proportional apportionment) proportional apportionment C. According to the end-of-period balance of the amortized indirect manufacturing costs in the three accounts (work in process inventory, finished product inventory and cost of goods sold) in 2020 3. What kind of apportionment method do you think is most suitable for Chaochao Company? Please explain the reason (15 points) Question 18 ( 30 points Ultra is smartphone manufacturers, due to the rapid changes in technology market competition ten minutes intense Ultra company is now producing a new mobile phone UX3380, the company adopted a positive constant cost method and a machine operating hour basis for the apportionment of indirect manufacturing costs. To lower the company in 2020 related information in directe $5.200.000 Direct labor $2.240,000 Estimated and indirect manufacturing cost $9.600,000 Estimated annual machine operating hours 160,000 Actual indirect manufacturing cost 59.900.000 Actual annual machine operating hours 150,000 The following is the actual machine operating hours and relevant information before the end of the period adjustment Actual machine operating hours Cost of goods sold 120.000 Finished goods 22.000 inventory Work in propres 8,000 inventory 2020 endir halance $16,000,000 $2.500.000 $1.500.000 1. Calculate the estimated manufacturing cost allocation rate for 2020.05 points 2. The calculation of enterprises and more or less share allocation of indirect manufacturing costs, and adjust the relevant accounts households Transfer in cost of goods sold 1. Press at the end of process inventory finished goods inventory and cost of good sold not over Before proportional apportiment proportional apportionment c. According to the end of period balance of the more Indirect manufacturing costs in the three accounts (werk in process inventory finished product inwestory and cost of goods sold in 2000 3. What kind of apportionment method do you think is most suitable for Chaoches Company? Please explain the reason (15 points) Question III ( 30 points) Ultra is smart phone manufacturers, due to the rapid changes in technology, market competition ten minutes intense. Ultra company is now producing a new mobile phone UX3380, the company adopted a p a positive constant cost method, and a machine operating hour basis for the apportionment of indirect manufacturing costs. To lower the company in 2020 related information in direct material $5,200,000 Direct labor $2,240,000 Estimated annual indirect manufacturing cost $9,600,000 Estimated annual machine operating hours 160,000 Actual indirect manufacturing cost $9.900,000 Actual annual machine operating hours 150,000 The following is the actual machine operating hours and relevant information before the end of the period adjustment: Actual machine operating hours Cost of goods sold 120,000 Finished goods 22.000 inventory Work in progress 8,000 inventory 2020 ending balance $16,000,000 $2,500,000 $1,500,000 1. Calculate the estimated manufacturing cost allocation rate for 2020. (0.5 points) 2. The calculation of enterprises and more or less share allocation of indirect manufacturing costs, and adjust the relevant accounts households a. Transfer in cost of goods sold b. Press at the end of process inventory. Finished goods inventory and cost of goods sold knot over (Before proportional apportionment) proportional apportionment c. According to the end-of-period balance of the amortized indirect manufacturing costs in the three account shed product inventory $1,500,000 Work in progress 8,000 inventory 5015 1. Calculate the estimated manufacturing cost allocation rate for 2020. (0.5 points) 2 The calculation of enterprises and more or less share allocation of indirect manufacturing costs, and adjust the relevant accounts househoids: a. Transfer-in cost of goods sold b. Press at the end of process inventory, finished goods inventory and cost of goods sold knat over (Before proportional apportionment) proportional apportionment C. According to the end-of-period balance of the amortized indirect manufacturing costs in the three accounts (work in process inventory, finished product inventory and cost of goods sold) in 2020 3. What kind of apportionment method do you think is most suitable for Chaochao Company? Please explain the reason (15 points) Question 18 ( 30 points Ultra is smartphone manufacturers, due to the rapid changes in technology market competition ten minutes intense Ultra company is now producing a new mobile phone UX3380, the company adopted a positive constant cost method and a machine operating hour basis for the apportionment of indirect manufacturing costs. To lower the company in 2020 related information in directe $5.200.000 Direct labor $2.240,000 Estimated and indirect manufacturing cost $9.600,000 Estimated annual machine operating hours 160,000 Actual indirect manufacturing cost 59.900.000 Actual annual machine operating hours 150,000 The following is the actual machine operating hours and relevant information before the end of the period adjustment Actual machine operating hours Cost of goods sold 120.000 Finished goods 22.000 inventory Work in propres 8,000 inventory 2020 endir halance $16,000,000 $2.500.000 $1.500.000 1. Calculate the estimated manufacturing cost allocation rate for 2020.05 points 2. The calculation of enterprises and more or less share allocation of indirect manufacturing costs, and adjust the relevant accounts households Transfer in cost of goods sold 1. Press at the end of process inventory finished goods inventory and cost of good sold not over Before proportional apportiment proportional apportionment c. According to the end of period balance of the more Indirect manufacturing costs in the three accounts (werk in process inventory finished product inwestory and cost of goods sold in 2000 3. What kind of apportionment method do you think is most suitable for Chaoches Company? Please explain the reason (15 points)