refer to the information presented in E 27 for Cambridge Manufacturing Company.

E2-7 (see pictures for information and answers)

Prepare the journal entries to record actual and applied manufacturing overhead prepare the journal entry to transfer the overhead balance to cost of goods sold

to products Case 2 Case 3 Case 1 9,000 32.000 6,000 46.000 0,000 15,000 12000000 34,000 enversion costs and then determine how much of that is uring overhead Required: Treating each case independently. find the missing amou in the order listed. nts for letters a to L You should do then Lo 2-3,25 (E2-7 Calculating Overhead Rates, Actual and Applied Mantead Analyzing Over- or Underapplied Manufacturing Over Cambridge Manufacturing Company applies manufacturing overhead on the basis of machine hours. At the beginning of the year, the company estimated its total overhead cost to be $325,000 machine hours to be 25,000. Actual manufacturing overhead and machine hours were $372,000 and 26,000 respectively Required: I. Compute the predetermined overhead rate 2 Compute applied manufacturing overhead. 3. Compute over- or underapplied manufacturing overhead 2-1 325.000/2500:13 eur mac 3. 312.000-338,000 334.poo undlaxapplie E2