The Hazy Radiator Company uses a normal-costing system with a single manufacturing overhead cost pool and machine-hours as the cost-allocation base. The following data are for 2017: (Click the icon to view the following data.) Read the requirements Cost of Goods Sold Finished Goods Control Work-in-Process Control After Proration 11,028,750 1,297,500 648,750 c. Dispose of the amount using a proration based on the overhead allocated in 2017 (before proration) in the ending balances of Work-in-Process Control, Finished Goods Control, and Cost of Goods Sold. Begin by selecting the formula to calculate the adjustment to each account. Then enter the amounts in the formula. (Enter the proportions as a decimal to three decimal places, "X.XXX". Use a minus sign or parentheses to show overallocated amounts and adjustments to be subtracted.) Proportion (decimal) (Over-) Underallocated OH = Adjustment COGS FG WIP Choose from any list or enter any number in the input fields and then click Check Answer. parts 2 remaining Clear All Check Answer O Type here to search Haz Radiator Company ises a normal.casting system with a single manufacturing overhead costinoolan Data Table Budgeted manufacturing overhead costs $ 4,875,000 Overhead allocation base Machine-hours Budgeted machine-hours 65,000 Manufacturing overhead costs incurred $ 4,975,000 Actual machine-hours 60,000 Machine-hours data and the ending balances (before proration of under-or overallocated overhead) are as follows: Cost of Goods Sold Finished Goods Control Work-in-Process Control Actual Machine-Hours 51,000 7,000 2,000 2017 End-of-Year Balance 10,625,000 1,250,000 625,000 Print Done 2 parts remaining Clear All Check Answer O Type here to search BER adiator Company uses a normal-costing system with a single manufacturing overhead cost poc urs as the cost-allocation base. The following data are for 2017: he icon to view the following data.) 1 Requirements 1. Compute the budgeted manufacturing overhead rate for 2017, 2. Compute the under-or overallocated manufacturing overhead of Hazy Radiator in 2017. Dispose of this amount using the following: a. Write-off to Cost of Goods Sold b. Proration based on ending balances (before proration) in Work-in-Process Control, Finished Goods Control, and Cost of Goods Sold c. Proration based on the overhead allocated in 2017 (before proration) in the ending balances of Work-in-Process Control, Finished Goods Control, and Cost of Goods Sold 3. Which method do you prefer in requirement 2? Explain. the AD 1. (En tment Print Done from any list ar antaran