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Traynor Aquatics manufactures swimming pool equipment. Traynor estimates the following manufacturing overhead rates using different independent situations: (Click the icon to view the rates.) Determine
Traynor Aquatics manufactures swimming pool equipment. Traynor estimates the following manufacturing overhead rates using different independent situations: (Click the icon to view the rates.) Determine the total manufacturing overhead allocated to Traynor's manufacturing jobs in the following independent situations: 1. Assume that Traynor actually used 52, 100 direct labour hours. 2. Assume that Traynor actually incurred $1,015,000 of direct labour cost. 3. Assume that Traynor actually ran the machines 45, 150 hours. 4. Briefly explain what you have learned about the total manufacturing overhead allocated to production. 1. Determine the total manufacturing overhead allocated to Traynor's manufacturing jobs, assuming that Traynor actually used 52,100 direct labour hours. (Round your answer to the nearest whole dollar.) Enter the formula and compute the total manufacturing overhead allocated to Traynor's manufacturing jobs if 52, 100 direct labour hours were actually used. Manufacturing overhead allocated Data table 2. Determine the total manufacturing overhead allocated to Traynor's manufacturing jobs, assuming that Traynor actually incurred $1,015,000 of direct labour cost Estimated manufacturing Estimated quantity Predetermined Enter the formula and compute the total manufacturing overhead allocated to Traynor's manufacturing jobs if $1,015,000 of direct labour was actually incurred. (Enter percentages as a whole percentage.) overhead costs of allocation base overhead rate Manufacturing Direct labour hours $ 2,200,000 47, 100 $ 47 per DL hour overhead allocated Direct labour dollars 2,200,000 $ 990,000 222% of DL cost Machine hours 2,200,000 38,750 $ 57 per MH 3. Determine the total manufacturing overhead allocated to Traynor's manufacturing jobs, assuming that Traynor actually ran the machines 45,150 hours. (Round your answer to the nearest whole dollar.) Enter the formula and compute the total manufacturing overhead allocated to Traynor's manufacturing jobs if 45,150 of machine hours were actually used. Print Done Manufacturing overhead allocated 4. Briefly explain what you have learned about the total manufacturing overhead allocated to production The total amount of manufacturing overhead allocated during the year is dependent upon two factors: As a result, a company could either overallocate or underallocate manufacturing overhead depending on
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