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Read the requirements Hartley Woods manufactures jewelry boxes. The primary materials (wood, brass, and glass) and direct labor are assigned directly to the products Manufacturing
Read the requirements Hartley Woods manufactures jewelry boxes. The primary materials (wood, brass, and glass) and direct labor are assigned directly to the products Manufacturing overhead costs are allocated based on machine hours. Data for the year follow (Click the icon to view the cost data) Requirement 1. Compute the predetermined overhead allocation rate Round to two decimal places $ Predetermined overhead allocation rate $ 7.53 per machine hour Requirement 2. Post actual and allocated manufacturing overhead to the Manufacturing Overhead T-account. (E Manufacturing Overhead 28500 48000 Estimated overhead cost 218,200 Maintenance labor Plant supervisor's salary Screws, nails and glue Plant utilities Depreciation Bal Part 2 of 4 Estimated machine hours 28,960 44000 90850 84000 *** Manufacturing overhead allocated HW Score: 59.26%, 11.85 of 20 points Points: 1.85 of 10 Data table Machine hours Maintenance labor (repairs to equipment) Plant supervisor's salary Screws, nails, and glue Plant utilities Freight out Depreciation on plant and equipment Advertising expense Print $ Done Save Estimated Actual 28,960 hours 32,600 hours 14,000 S 28,500 45,000 48,000 25,000 44,000 47,000 90,850 34,000 47,500 87,200 84,000 44,000 55,000
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