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1 Job Costing Free work cells 2 Budgeted Manufacturing Overhead Rate, Allocated Manufacturing O Answer cells 3 Taylor Company uses normal costing. It allocates manufacturing overhead costs using a budgeted rate per machine-hour. 4 The following data are available for 2017: 5 Budgeted manufacturing overhead costs $4,180,000 7 Budgeted machine-hours 220,000 3 Actual manufacturing overhead costs $4,026,000 Actual machine-hours 215,600 0 1 Answer cells must remain in the same location so do not insert/delete columns or rows in the file. Numeric answers must include a formula or reference so do not hard enter the answer. 2 3 1. Calculate the budgeted manufacturing overhead rate. 4 5 The budgeted manufacturing overhead rate is 6 7 2. Calculate the manufacturing overhead allocated during 2017. 9 The manufacturing overhead allocated during 2017 is CO -1 3. Calculate the of under- overallocated manufacturing overhead. -2 3 The amount of under-or overallocated manufacturing overhead is 4 (Under-allocated should be provided as a negative number.) -5 -6 7 -8 -9 FO 1