Roberts Woodworking uses normal costing and allocatos manufacturing overhead to jobs based on a budgeted labor-hour rate and actual direct labor-hours. Under- or overall Duning 2020, Roberts recorded the following: Click the icon to view the data) Read the requirements Requirement 1. Compute the budgeted manufacturing overhead rato. Enter the formula, then enter the amounts to calculate the budgeted manufacturing overhead rate. Budgetod manufacturing overhoud rate Requirements - X Data table 1. Compute the budgeted manufacturing overhead rate 2. Prepare the summary journal entry to record the allocation of manufacturing overhead 3. Compute the amount of under-or overallocated manufacturing overhead. 15 the amount significant enough to warrant proration of overhead costs, or should Roberts Woodworking write it off to cost of goods sold? Prepare the joumal entry to dispose of the under or overallocated overhead Budgeted manufacturing overhead costs Budgeted direct labor-hours Actual manufacturing overhead costs Actual direct labor-hours Print Done Print Done Won mo Part 1 of 5 Points: 0 of 5 Save and alocates manufacturing overhead to jobs based on a budgeted labor hour rate and actual direct laber-hours. Under or overallocated overhead, it immaterial, is written off to Cost of Goods Sold 9: anufacturing overhead rate no calculate the budgeted manufacturing overhead rate Budgeted manufacturing Overhead rate Data table anufacturing overhead rate mal entry to record the allocation of manufacturing moeror overallocated manufacturing overhead ugh to warrant pronation of overhead costs or ng write tolto cont of goods sold? Prepare the of the under or overlocated overhead Budgeted manufacturing overhead costs Budgeted direct labor hours Actual manufacturing overhead costs Actual direct labor-hours $4,600,000 230.000 $4,768,500 230,000 rint Done Print Done pages Get more help