Requirements 1-4

The Risk = On - Waterway Company (ROW) prosucet a line of non-molorited bouts. POW uses a noemac costing system and alocatet man facturing ovethead using direct manulecturing labor cost The following data ace for 2020 (Click the icos to view the dats.) imventory balances on Decomber 31, 2020 were as follown: (Clch the ison 19 view the occount balances.) Reid the recultements. Data table Requltement 1. Calculate the marndactuing ovehasd allocaton rate. I Overted alociotion rate Requirements 1. Calculate the marnfacturing erectiesd alocation rate. 2. Compule the amourt of under-or overalocaled mandactung ovechend. 3. Calculate the anding belarces h wikk in procesa, Srithed goods, and coet of gooth ald if under- or everallocesad manufacturing overthad is an follows: a. Weikin of is cost of poode sold b. Prorated bated on ending balunces (before procalion) in each of the Pres accounts c. Prorulod based on the ovirbead alocaled in 2020 in the entiry balances (before procalon) in each of the trve acocunts 1. Which mabod would you chobee? dually your answer. Data table