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Required: Based on the company's current allocation base ( direct labor hours ) , compute the following: a . Predetermined overhead rate. Note: Round your
Required:
Based on the company's current allocation base direct labor hours compute the following:
a Predetermined overhead rate.
Note: Round your answer to decimal places.
b Applied manufacturing overhead.
Note: Round your intermediate calculations to decimal places and final answer to the nearest whole dollar amount.
c Over or underapplied manufacturing overhead.
Note: Round your intermediate calculations to decimal places and final answer to the nearest whole dollar amount.
If the company had used direct labor dollars instead of direct labor hours as its allocation base, compute the following:
a Predetermined overhead rate.
Note: Round your answer to decimal places, ie
b Applied manufacturing overhead.
Note: Round your intermediate calculations to decimal places and final answer to the nearest whole dollar amount.
c Overor underapplied manufacturing overhead.
Note: Round your intermediate calculations to decimal places and final answer to the nearest whole dollar amount.
If the company had used machine hours instead of direct labor hours as its allocation base, compute the following:
a Predetermined overhead rate.
Note: Round your answer to decimal places.
b Applied manufacturing overhead.
Note: Round your intermediate calculations to decimal places and final answer to the nearest whole dollar amount.
c Over or underapplied manufacturing overhead.
Note: Round your intermediate calculations to decimal places and final answer to the nearest whole dollar amount.
Based on last year's data alone, which allocation base would have provided the most accurate measure for applying manufacturing
overhead costs to production?
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