Question
Requirement 5: At the end of the year, the company assembled the following actual cost data relating to all jobs worked on during the year:
At the end of the year, the company assembled the following actual cost data relating to all jobs worked on during the year: Compute the underapplied or overapplied overhead for the year, assuming that a plantwide overhead rate is used. (Round your answer to 2 decimal places. Input all amounts as positive values. Omit the "$" sign in your response.) Compute the underapplied or overapplied overhead for the year, assuming that departmental overhead rates are used. (Input all amounts as positive values. Omit the "$" sign in your response.)
Requirement 5:
Department Fabricating Machining Assembly Total Plant Direct materials $760,000 $90,000 $409,000 $1,259,000 Direct labor $321,000 $211,000 $339,000 $871,000 Manufacturing overhead $561,000 $831,000 $92,000 $1,484,000 a. overhead cost $ b.
Fabricating overhead cost $ Machining overhead cost $ Assembly overhead cost $ Total Plant overhead cost $
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