Selected cost data for Classic Print, Co. are as follows: Click the icon to view the cost data.) Read the requirements Requirement 1. Compute the predetermined overhead allocation rate per direct labor dollar head Data Table Requirement 2. Pre explanations from jo $ 120,000 Es ated manufacturing overhead cost for the year credits. Exclude Estimated direct labor cost for the year 100,000 Date Actual manufacturing overhead cost for the year 118.000 abor cost for the year Actual direct l 74,000 Dec. 31 Print Done Requirement 3. Use a T-account to determine the amount of underallocated or overallocated manufacturing overhead. Start by posting the actual and allocated manufacturing overhead to the T-account. (Use the first available cell to post each amount. Do not input the balance in the T-account.) Selected cost data for Classic Print, Co. are as follows: EEE (Click the icon to view the cost data.) Read the requirements Requirement 1. Compute the predetermined overhead allocation rate per direct labor dollar. Predetermined overhead allocation rate % Requirement 2.Prepare the journal entry to allocate overhead cost for the year. (Record debits first, then credits. Exclude explanations from journal entries.) Date Accounts Debit Credit Dec. 31 Requirement 3. Use a T-account to determine the amount of underallocated or overallocated manufacturing overhead. Start by posting the actual and allocated manufacturing overhead to the T-account. (Use the first available cell to post each amount. Do not input the balance in the T-account.) Selected cost data for Classic Print, Co. are as follows: (Click the icon to view the cost data.) Read the requirements. Requirement 1. Compute the predetermined overhead allocation rate per direct labor dollar. Predetermined overhead allocation rate Actual direct labor cost ntry to allocate overhead cost for the year. (Record debits first, then credits. Exclude Actual overhead cost Estimated direct labor cost Accounts Estimated overhead cost Debit Credit Dec. 31 Requirement 3. Use a T-account to determine the amount of underallocated or overallocated manufacturing overhead. Start by posting the actual and allocated manufacturing overhead amount Do not input the balance in the T-account.) e T-account. (Use the first available cell to post each Selected cost data for Classic Print, Co. are as follows: (Click the icon to view the cost data.) Read the requirements. Requirement 2. Prepare the journal entry to allocate overhead cost for the year. (Record debits first, then credits. Exclude explanations from journal entries.) Date Accounts Debit Credit Dec. 31 Accounts Payable Accounts Receivable Cash Requirement 3. Cost of Goods Sold verallocated manufacturing overhead. Start by posting 1 Finished Goods Inventory amount. Do not i Manufacturing Overhead t. (Use the first available cell to post each Raw Materials Inventory Work-in-Process Inventory Manufacturing overhead is by S Selected cost data for Classic Print, Co. are as follows: (Click the icon to view the cost data.) Read the requirements Requirement 3. Use a T-account to determine the amount of underallocated or overallocated manufacturing overhead. Start by posting the actual and allocated manufacturing overhead to the T-account. (Use the first available cell to post each amount. Do not input the balance in the T-account.) Manufacturing Overhead by $ Manufacturing overhead is Requirement 4. Prepare the journal entry to adjust for the underallocated or overallocated manufacturing overhead. (Record debits first, then credits. Exclude explanations from journal entries.) Date Accounts Debit Credit Dec. 31 Choose from any list or enter any number in the input fields and then continue to the next.euestion. Selected cost data for Classic Print, Co. are as follows: (Click the icon to view the cost data.) Read the requirements. Requirement 3. Use a T-account to determine the amount of underallocated or overallocated manufacturing overhead. Start by posting the actual and allocated manufacturing overhead to the T-account. (Use the first available cell to post each amount. Do not input the balance in the T-account.) Manufacturing Overhead by $ Manufacturing overhead is t for the underallocated or overallocated manufacturing overhead. (Record journal entries.) Requirement 4. Prepare the debits first, then credits. Exclu overallocated underallocated Credit Debit Date ts Dec. 31 Choose from any list or enter any number in the input fields and then continue to the next question. Selected cost data for Classic Print, Co. are as follows: (Click the icon to view the cost data.) Read the requirements. Requirement 3. Use a T-account to determine the amount of underallocated or overallocated manufacturing overhead. Start by posting the actual and allocated manufacturing overhead to the T-account. (Use the first available cell to post each amount. Do not input the balance in the T-account.) Accounts Payable Accounts Receivable Cash Manufacturing o Cost of Goods Sold Finished Goods Inventory Manufacturing Overhead Requirement 4 debits first, then rallocated manufacturing overhead. (Record Raw Materials Inventory Date Work-in-Process Inventory Debit Credit Dec. 31
