termined over Machine hours Maintenance labor repairs to equipment) Plant supervisor's salary Screws, nails, and glue Plant utilities Freight out Depreciation on plant and equipment Advertising expense Estimated Actual 20.000 hours 32.000 hours $ 14.000 5 20.500 45,000 47 000 25,000 49.000 47,000 90,850 34.000 44,500 87,200 82,000 43,000 60,000 red manufac Fanufacturid Print Done Requirement 1. Compute the predetermined overhead location rate. Round to two decimal places Predatmined head allocation rate per machine hour 7:1 Requirement 2. Post actual and allocated manutacturing overhead to the Manufacturing Overhead T-acount. Etending on the Manufacturing Overhead equirement 3. Prepare the journal entry to adjust for underallocated or overallocated overhead. (Record debits first, then credits. Exclude expl requirement 4. The produtorming overead allocation rate usually turns out to be inaccurate Why don't accountants just use the actual manufacturing the Managers need to make decisions contato The actual manufacturing overhead rate is to give managers product cost information when they need ch termined over Machine hours Maintenance labor repairs to equipment) Plant supervisor's salary Screws, nails, and glue Plant utilities Freight out Depreciation on plant and equipment Advertising expense Estimated Actual 20.000 hours 32.000 hours $ 14.000 5 20.500 45,000 47 000 25,000 49.000 47,000 90,850 34.000 44,500 87,200 82,000 43,000 60,000 red manufac Fanufacturid Print Done Requirement 1. Compute the predetermined overhead location rate. Round to two decimal places Predatmined head allocation rate per machine hour 7:1 Requirement 2. Post actual and allocated manutacturing overhead to the Manufacturing Overhead T-acount. Etending on the Manufacturing Overhead equirement 3. Prepare the journal entry to adjust for underallocated or overallocated overhead. (Record debits first, then credits. Exclude expl requirement 4. The produtorming overead allocation rate usually turns out to be inaccurate Why don't accountants just use the actual manufacturing the Managers need to make decisions contato The actual manufacturing overhead rate is to give managers product cost information when they need ch