teised.....pe products Manufacturing overhead costs are allocated based on machine hours. Data for 2018 Classic Woods manufaa folow Gothen Data Table Read the requirements Requirements Machine hours Maintenance labor repairs to equipment Piant supervisor's salary Screws, nails, and glue Pants Freight out Depreciation en plant and equipment Advertising expense Estimated Actual 20.000 how 12.400 hours 14.000 29.500 45.000 40.000 20.000 40.000 47.000 380 35.000 45.500 87.000 57.000 1. Compute the predetermined overhead location rate Round to two decimal places 2. Post actual and located manufacturing overhead to the Macturing Overhead con 3. Prepare the journal entry to adjust for understocated or overstocated Overhead 4. The pretermined overhead location results out to be incoate. Why don't countries te the actual manufacturing overhed? Requirements. Prepa Date Dec 31 Print Done Print Done Requirement. The The actual manufacture product cost information when they need Accountants une predetermined overhead location rates toge manager Canne Woods manufactures Jewelry bones. The primary matelas wood, brus, and glans, and direct labor are signed directly to the producta Marutacturing overhead costs are allocated based on machine hours. Dura hor 2018 en to view the cost data) Read the requirements Requirement 1. Compute the predetermined overhead location rate. Round to two decimal places Predetermined overhad Estrated overhead cost Este mohou location per machine how Requirement 2. Post actual and allocated manufacturing overhead to the Manufacturing Overhead Taccount. (Enter the ending tatance on the last de Manufacturing Overhead Requirement 3. Prepare the journal entry to agrut for understocmed or overwocowed overnos reconocen credits to explanations from any pomies) Classic Woods manufactures wery Boxes. The primary materials wood, brass, and gas and director are assigned directly to the products Manufacturing overhead costs are located based on machine hours. Data for 2018 follow the icon to view the cost out) Read the rements Requirement 3. Prepare the journal entry to adjust for under located or overallocated overhead Record dietistrst. The credits. Exclude explanations from any pumal entries Date Accounts Dabit Credit Dec 31 Requirement. The predetermined overhead allocation rate usually tume out to be inaccurate. Why dont accountants just use the actual manufacturing overhead rate? The actual manufacturing overhead tate is Managers need to make decisions Accountants use predetermined overhead location takes to pove managers product cost information when they need