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Young Foundry in Philadelphia, Pennsylvania, uses a predetermined manufacturing overhead rate ballocate overhead to individual jobs based on the machine hours required. At the beginning
Young Foundry in Philadelphia, Pennsylvania, uses a predetermined manufacturing overhead rate ballocate overhead to individual jobs based on the machine hours required. At the beginning of the year, the company expected to our the following: Bitte with c) Read Requirement 1. ComputeYoung manufacturing and le por machine Requirement How much in the world to be in the year? The amount of geen Wohe year Requirement. How much narutunang ovatiead was oured during the year? is manufacturing and unlocated or red at the end of the year? Hy how much? The amount of anderung vond hounod daty they was Manufacturing watead oid Requirements were the job doned or undercos? how much Jobs were by - x Data Table con to view the cost 1. Com X Requirements 2. Ho mar Manufacturing overhead costs $ 550.000 Direct labor cost $ 1450,000 Machine hours 68.750 At the end of the year, the company had actually incurred the following Direct labor cost $ 1,240,000 Depreciation on manufacturing plant and equipment $ 490.000 Property taxes on plant $ 22.000 Sales salaries $ 25.000 Delivery drivers' wages $ 17.000 Plantjanitors' wages $ 3.000 Machine hours 57.000 hours 1. Compute Young's predetermined manufacturing overhead rate. 2 How much manufacturing overhead was allocated to jobs during the year? 3. How much manufacturing overhead was incurred during the year? Is manufacturing overhead underallocated or overallocated at the end of the year? By how much? 4. Were the jobs overcosted or underoosted? By how much? 3. Hd mar 4. W Print Done Print Dono
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