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Requirement 1. Compute the predetermined overhead allocation rate. Round to two decimal places. Estimated overhead cost 206,800 Predetermined overhead allocation rate Estimated machine hours 24,500
Requirement 1. Compute the predetermined overhead allocation rate. Round to two decimal places. Estimated overhead cost 206,800 Predetermined overhead allocation rate Estimated machine hours 24,500 = $ 8.44 per machine hour Requirement 2. Post actual and allocated manufacturing overhead to the Manufacturing Overhead T-account. (Enter the ending balance on the last line.) Manufacturing Overhead Maintenance labor 27500 Plant supervisor's salary 46000 Screws, nails and glue 41000 Plant utilities 97850 Depreciation 82000 Bal. Data table Estimated Actual Machine hours 24,500 hours 32,200 hours Maintenance labor (repairs to equipment) $ 19,000 $ 27,500 Plant supervisor's salary 41,000 46,000 Screws, nails, and glue 21,000 41,000 Plant utilities 42,000 97,850 Freight out 39,000 44,500 Depreciation on plant and equipment 83,800 82,000 Advertising expense 46,000 60,000 Print Done
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