(SHOW ALL COMPUTATIONS or no credit given)

3. Callaway Golf Company has the following departments and information for each one is shown below. Each department allocates overhead using a different base. NOTE ALL INFORMATION BELOW IS FOR THE ENTIRE YEAR Estimated Actual Estimated Actua1 Dept Activity Base Overhead Overhead Activity Base ActivitiY Direct labor cost $ 88,750 $100,000 Clubs $165, 600 Balls 10,500hrs $125, 000 Machine hours $ 60,000 $ 58,000 10,000hrs Instructions (SHOW ALL COMPUTATIONS or no credit given) A. For each department listed above, compute the following: (1) predetermined overhead rate for each department. (2) amount of overhead applied for each department for the year. (3) amount of under- or over-applied overhead for each department. B. Record the journal entry to adjust the amount determined in part A (3). for the "Clubs" ONLY assuming it is adjusted at year-end