Voisine Pools manufactures swimming pool equipment. (Click the icon to view data.) Determine the total overallocation or underallocation of manufacturing overhead during the year in the following independent situations. Actual manufacturing costs for the year for Voisine Pools totaled $1,225,000. 1. 2. 3. 4. Assume that the company used direct labor hours as the allocation base. Assume that the company used the direct labor cost as the allocation base. Assume that the company used machine hours as the allocation base. Were there any situations in which jobs were costed correctly? If not, when were they overcosted? When were they undercosted? 3. Determine the total overallocation or underallocation of manufacturing overhead during the year assuming that the company used machine hours as the allocation base. Actual manufacturing costs for the year for Voisine Pools totaled $1,225,000 Determine the total overallocation or underallocation of manufacturing overhead during the year. Manufacturing overhead is underallocated by $ 40,000 4. Were there any situations in which jobs were costed correctly? If not, when were they overcosted? When were they undercosted? the jobs by In this particular case, using direct labor hours as an allocation base resulted in overcosting $ 30200. Using direct labor cost as an allocation was the best option, causing jobs to be bys during the year. Using machine hours led to the most accurate allocation: Jobs wed by a total of $ . * Data Table Predetermined Allocated overhead overhead rate Direct labor hours Direct labor cost Machine hours Estimated manufacturing overhead costs $ 1,200,000 $ 1,200,000 $ 1,200,000 Estimated quantity of allocation base 50,000 $ 1,000,000 40,000 $24.00 per DL hour 120% of DL cost $30.00 per MH $ $ 1,255,200 1,230,000 1,185,000 Print Done