The Ride - On - Wonder Company (ROW) produces a line of non-motorized boats. ROW uses a normal-costing systern and allocales manufacturing overhead using direct manufacturing labor Inventory balances on December 31,2017 were as follows: cost. The following date are for 2017 : (Click the icon to view the account balances.) (Click the icon to view the date.) Read the requirements. Data table (c.) Begin by identifyir 1 assuming under- or overallocated manufacturing overhead is prorated based on the od amounts and adjustments to be subtracted.) (c.) WIP FG CGS (c.) Enter the formula ; overhead allocated in be subtracted.) (c.) erallocated manufacturing overhead is prorated based on the pses to show overallocated amounts and adjustments to Requirement 4. Which method would you choose? Justify your answer. The method that makes the most sense is to . The amount of the over- underallocation amount is The Ride - On-Wonder Company (ROW) produces a line of non-motorized boats. ROW uses a normal-costing systern and allocales manufacturing overhead using direct manufacturing labor Imventory balances on December 31,2017 were as follows: cost. The following data are for 2017 : (Click the icon to view the account balances.) (Click the icon to view the data.) Read the requirements. Requirement 4. Which method would you choose? Justify your answer. The method that makes the most sense is to . The amount of the over- underallocation amount is The Ride - On - Wonder Company (ROW) produces a line of non-motorized boats. ROW uses a normal-costing systern and allocates manufacturing overhead using direct manufacturing labor Imventory balances on December 31,2017 were as follows: oost. The following data are for 2017 : (Click the icon to view the account balances.) (Click the icon to view the date.) Read the requirements. (c.) Begin by identifying the formula and calculating the adjustment to Work-in-Porcess, Finished Goods, and Cost of Goods Sold assuming under-or overallocated manufacturing overhead is prorated based on the the actual direct labor dollars given in the question. (Use a minus sign or parentheses to show overallocated amounts and adjustments to be subtracted.) (c.) Enter the formula and calculate the ending balances in work in process, finished goods and cost of goods sold if under- or overallocated manufacturing overhead is prorated based on the overhead allocated in 2017 in the ending balances (before proration) in each of the three accounts. (Use a minus sign or parentheses to show overallocated amounts and adjustments to be subtracted.) (c.) WIP FG CGS Requirement 4. Which method would you choose? Justify your an The method that makes the most sense is to stion amou The Ride - On - Wonder Company (ROW) produces a line of non-motorized boats. ROW uses a normal-costing system and allocates manufacturing overhead using direct manufacturing labor cost. The following data are for 2017 : Imventory balances on December 31,2017 were as follows: (Click the icon to view the date.) (Click the icon to view the account balances.) Read the requirements. roCGS+= The Ride - On - Wonder Company (ROW) produces a line of non-motorized boats. ROW uses a normal-costing systern and allocates manufacturing overhead using direct manufacturing labor Inventory balances on December 31,2017 were as follows: cost. The following data are for 2017 : (Click the icon to view the account balances.) (Click the icon to view the data.) Read the requirements. ros1+1+CGS+= The Ride - On-Wonder Company (ROW) produces a line of non-motorized boats. ROW uses a normal-costing systern and allocates manufacturing overhead using direct manufacturing labor Inventory balances on December 31,2017 were as follows: cost. The following data are for 2017 : (Click the icon to view the account balances.) (Click the icon to view the date.) Read the requirements. (c.) Begin by identifying the formula and calculating the adjustment to Work-in-Porcess, Finished Goods, and Cost of Goods Sold assuming under-or overallocated manufacturing overhead is prorated based on the the actual direct labor dollars given in the question. (Use a minus sign or parentheses to show overallocated amounts and adjustments to be subtracted.) (c.) WIP FG CGS (c.) Enter the formula and calculate the ending balances in work in process, finished goods and cost of goods sold if under-or overallocated manufacturing overhead is prorated based on the overhead allocated in 2017 in the ending balances (before proration) in each of the three accounts. (Use a minus sign or parentheses to show overallocated amounts and adjustments to be subtracted.) Requirement 4. Which method would you choose? Justify your answer. The method that makes the most sense is to The amount of the over- underallocation amou [ so The Ride - On - Wonder Company (ROW) produces a line of non-motorized boats. ROW uses a normal-costing systern and allocates manufacturing overhead using direct manufacturing labor Inventory balances on December 31,2017 were as follows: cost. The following data are for 2017 : (Click the icon to view the account balances.) (Click the icon to view the data.) Read the requirements. The Ride - On-Wonder Company (ROW) produces a line of non-motorized boats. ROW uses Inventory balances on December 31,2017 were as follows: a normal-costing systern and allocales manufacturing overhead using direct manufacturing labor cost. The following date are for 2017 : (Click the icon to view the account balances.) (Click the icon to view the date.) Read the requirements. Requirement 1. Calculate the manufacturing overhead allocation rate. Identify the formula and calculate the manufacturing overhead allocation rate. (Enter the result as a whole number.) Requirement 2. Compute the amount of under- or overallocated manufacturing overhead. Identify the formula and calculate the under- or manufacturing overallocated overicad. (Use parentheses or a minus sign to report overhead overallocated.) 1=Underallocated(overallocated)= Requirement 3. Calculate the ending balances in work in process, finished goods and cost of goods sold if under-or overallocated manufacturing overhead is as follows: (a) written off to cost of goods sold, (b) prorated based on ending balances (before proration) in each of the three accounts, (c) prorated based on the overtead allocated in 2017 in the ending balances (before proration) i each of the three accounts. (a.) Calculate the ending balances in work in process, finished goods and cost of goods sold if under- or cverallocated manufacturing overhead is written off to cost of gocds scld