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REQUIREMENTS 3 AND 4 PLEASE Hartley Uniforms produces uniforms. The company allocates manufacturing overtiead based on the machine hours each job uses. Hartley Uniforms reports

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REQUIREMENTS 3 AND 4 PLEASE

Hartley Uniforms produces uniforms. The company allocates manufacturing overtiead based on the machine hours each job uses. Hartley Uniforms reports the following cost data for the past year: (Click the icon to view the cost data.) Read the requirements. Data Table Requirement 1. Compute the predetermined manufacturin Enter the formula for predetermined manufacturing overhe Estimated yearly overhead coats Estimated yel $ 191,400 Budget Actual Requirement 2. Calculate the allocated manufacturing ove Prede Actual machine hours 6,600 Direct labor hours.. Machine hours.... Depreciation on salespeople's autos Indirect materials........... Depreciation on trucks used to deliver uniforms to customers Depreciation on plant and equipment Indirect manufacturing labor.... Customer service hotline Plant utilities... Direct labor cost. 7,600 hours 6,200 hours 6,600 hours 6,600 hours S 23,500 $ 23,500 s S 49,000 $ 50,000 S 12,000 $ 9,500 S 67,000 $ 68,000 S 43,500 $ 44,500 S 20,500 $ 22,500 S 31,900 $ 32,900 S 69,000 $ 846,500 * $ Requirement 3. Compute the underallocated or overalloca First calculate the preliminary manufacturing overhead bala Manufactul 50,000 44,500 Actual Indirect materials Actual Indirect manufacturing labor Actual depreciation on plant and equipment Actual plant utilities End Bal 68,000 32,900 Print Done 195400 Hartley Uniforms produces uniforms. The company allocates manufacturing overtiead based on the machine hours each job uses. Hartley Uniforms reports the following cost data for the past year: Click the icon to view the cost data.) Read the requirements. Requirement 1. Compute the predetermined manufacturing overhead rate Enter the formula for predetermined manufacturing overhead rate, then compute the rate. Estimated yearly overhead costs + Estimated yearly machine hours = Predetermined overhead rate $ 191,400 6,600 S 29 per machine hour Requirement 2. Calculate the allocated manufacturing overhead for the past year. x Actual machine hours 6.600 Predetermined overhead rate 29 Manufacturing overhead allocated $ 191,400 $ overallocated manufacturing overhead be disposed of? Requirement 3. Compute the underallocated or overallocated manufacturing overhead. How will this underallocated First calculate the preliminary manufacturing overhead balance using the T-account Manufacturing Overhead Actual Indirect materials 50,000 Actual Indirect manufacturing labor 44,500 Actual depreciation on plant and equipment 68,000 Actual plant utilities 32,900 Manufacturing overhead allocated End Bal 195400 Hartley Uniforms produces uniforms. The company allocates manufacturing overhead based on the machine hours each job uses. Hartley Uniforms reports the following cost data for the past year: (Click the icon to view the cost data.) Read the requirements. Requirement 1. Compute the predetermined manufacturing overhead rate Enter the formula for predetermined manufacturing overhead rate, then Estimated yearly overhead costs + Estimated yearly machine $ 191,400 6,600 Requirements x Requirement 2. Calculate the allocated manufacturing overhead for the 1. Compute the predetermined manufacturing overhead rate. 2. Calculate the allocated manufacturing overhead for the past year. 3. Compute the underallocated or overallocated manufacturing overhead. How Actual machine hours Predetermined ove will this underallocated or overallocated manufacturing overhead be disposed of? 6,600 * $ 29 4. How can managers use accounting Information to help control manufacturing overtread costs? Requirement 3. Compute the underal located or overallocated manufad First calculate the preliminary manufacturing overhead balance using Manufacturing Overhe Print Done Actual Indirect materials 50,000 Actual Indirect manufacturing labor 44,500 Actual depreciation on plant and equipment 68,000 Actual plant utilities 32,900 Manufacturing overhead allocated End Bal 195400

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