A B C 1 2 3 4 5 6 7 8 Chapter 3: Applying Excel Data...
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(a) By how much is the manufacturing overhead underapplied or
overapplied?
(b) Why is the amount of underapplied (overapplied) manufacturing overhead different from Requirement 2 above? (you can select one or more below)
- The change in the estimated total amount of the allocation base affected the predetermined overhead rate.unchecked
- The change in the estimated total amount of the allocation base affected the amount of manufacturing overhead applied.unchecked
- Actual manufacturing overhead cost differs from period to period.unchecked
- The estimated manufacturing overhead cost did not change in proportion to the change in the estimated total amount of the allocation base.unchecked
Homework Answers
b. The reason might be
- The change in the estimated total amount of the allocation base affected the predetermined overhead rate.unchecked
- The change in the estimated total amount of the allocation base affected the amount of manufacturing overhead applied.unchecke.
A B C 1 2 3 4 5 6 7 8 Chapter 3: Applying Excel Data...
A B C 1 2 3 4 5 6 7 8 Chapter 3: Applying Excel Data Allocation base Machine-hours Estimated manufacturing overhead cost $290,700 Estimated total amount of the allocation base 57,000 machine-hours Actual manufacturing overhead cost $273,700 Actual total amount of the allocation base 60,000 machine-hours (a) By how much is the manufacturing overhead underapplied or overapplied? (b) Why is the amount of underapplied (overapplied) manufacturing overhead different from Requirement 2 above? (you can select one or more) The...
A B C 1 2 3 4 5 6 7 8 Chapter 3: Applying Excel Data...
A B C 1 2 3 4 5 6 7 8 Chapter 3: Applying Excel Data Allocation base Machine-hours Estimated manufacturing overhead cost $290,700 Estimated total amount of the allocation base 57,000 machine-hours Actual manufacturing overhead cost $281,700 Actual total amount of the allocation base 60,000 machine-hours (a) What is the Predetermined overhead rate? (Round your answer to 2 decimal places. (b) By how much is the manufacturing overhead underapplied or overapplied?
Chapter 3: Applying Excel: Exercise 2. Change all of the numbers in the data area of...
Chapter 3: Applying Excel: Exercise 2. Change all of the numbers in the data area of your worksheet so that it looks like this: с 1 Chapter 3: Applying Excel 2 3 4 5 Data Allocation base Estimated manufacturing overhead cost Estimated total amount of the allocation base Actual manufacturing overhead cost Actual total amount of the allocation base 6 Machine-hours $ 275,600 52.000 machine-hours $ 261,600 50,000 machine-hours 7 00 If your formulas are correct, you should get the...
Chapter 3: Applying Excel Data Allocation base Machine-hours Estimated manufacturing overhead cost $300,000 Estimated total amount...
Chapter 3: Applying Excel Data Allocation base Machine-hours Estimated manufacturing overhead cost $300,000 Estimated total amount of the allocation base 60,000 machine-hours Actual manufacturing overhead cost $290,000 Actual total amount of the allocation base 68,000 machine-hours Enter a formula into each of the cells marked with a ? below Computation of the predetermined overhead rate Estimated manufacturing overhead cost ? Estimated total amount of the allocation base ? machine-hours Predetermined overhead rate ? per machine-hour Computation of underapplied or overapplied...
D E F G H K G#: Copy Formulas A B C 1 Chapter 3: Applying...
D E F G H K G#: Copy Formulas A B C 1 Chapter 3: Applying Excel Name: 2 3 Data 4 Allocation base Machine-hours Estimated manufacturing overhead cost $300,000 6 Estimated total amount of the allocation base 75,000 machine-hours 7 Actual manufacturing overhead cost $290,000 8 Actual total amount of the allocation base 68,000 machine-hours 9 10 Enter a formula into each of the green cells marked with a ? below. Once complete use the "Copy Formula" button. 11...
Required information Chapter 3: Applying Excel Step 1: Download the Applying Excel form located on the...
Required information Chapter 3: Applying Excel Step 1: Download the Applying Excel form located on the left-hand side, under files. If you have trouble, the file is also located in D2L under Course Administration. Step 2: Then enter formulas in all cells that contain question marks. For example, in cell B13 enter the formula "=B5". Step 3: Check your worksheet by changing the estimated total amount of the allocation base in the Data area to 50,000 machine-hours, keeping all of...
The Excel worksheet form that appears below is to be used to recreate part of the...
The Excel worksheet form that appears below is to be used to recreate part of the example relating to Turbo Crafters that appears earlier in the chapter. 1. Award: 10.00 points 2. Change all of the numbers in the data area of your worksheet so that it looks like this: 1 Chapter 3: Applying Excel 2 3 Data 4 Allocation base 5 Estimated manufacturing overhead cost 6 Estimated total amount of the allocation base 7 Actual manufacturing overhead cost Machine-hours...
3. Either print or make a copy of your worksheet in your workbook before proceeding. You...
3. Either print or make a copy of your worksheet in your workbook before proceeding. You will need to refer back to this worksheet. Change the estimated total amount of the allocation base to 45,000 machine-hours, but keep everything the same as in Requirement 2. The data area of your worksheet should now look like this: 1 Chapter 3: Applying Excel 3 Data 4 5 6 7 8 Allocation base Estimated manufacturing overhead cost Estimated total amount of the allocation...
A B C D E F H J M N Name: G# 1 Chapter 3: Applying...
A B C D E F H J M N Name: G# 1 Chapter 3: Applying Excel 2 3 Data 4 Allocationibus 5 Estimated manufacturing overhead cost 6 Estimated total amount of the allocation base 7 Actual manufacturing overhead cost B Actual total amount of the allocation base Machine-hours $300,000 75,000 machine-hours $290,00D 68,00D machine-hours Copy Formulas 10 Enfer a formula into each of the green cells marked with a 7 below. Once complete use the "Copy Formula" button. 11...
4. Change the estimated total amount of the allocation base back to 39,000 machine-hours, so that...
4. Change the estimated total amount of the allocation base back to 39,000 machine-hours, so that the data area of you worksheet looks exactly the same as in Requirement 2. Now change the actual manufacturing overhead cost from $184,800 to $193,500. The data area of your worksheet should now look like this: 1 Chapter 3: Applying Excel 4 5 6 7 8 Data Allocation base Estimated manufacturing overhead cost Estimated total amount of the allocation base Actual manufacturing overhead cost...
Chapter 3: Applying Excel: Exercise 2. Change all of the numbers in the data area of your worksheet so that it looks like this: с 1 Chapter 3: Applying Excel 2 3 4 5 Data Allocation base Estimated manufacturing overhead cost Estimated total amount of the allocation base Actual manufacturing overhead cost Actual total amount of the allocation base 6 Machine-hours $ 275,600 52.000 machine-hours $ 261,600 50,000 machine-hours 7 00 If your formulas are correct, you should get the...
D E F G H K G#: Copy Formulas A B C 1 Chapter 3: Applying Excel Name: 2 3 Data 4 Allocation base Machine-hours Estimated manufacturing overhead cost $300,000 6 Estimated total amount of the allocation base 75,000 machine-hours 7 Actual manufacturing overhead cost $290,000 8 Actual total amount of the allocation base 68,000 machine-hours 9 10 Enter a formula into each of the green cells marked with a ? below. Once complete use the "Copy Formula" button. 11...
Required information Chapter 3: Applying Excel Step 1: Download the Applying Excel form located on the left-hand side, under files. If you have trouble, the file is also located in D2L under Course Administration. Step 2: Then enter formulas in all cells that contain question marks. For example, in cell B13 enter the formula "=B5". Step 3: Check your worksheet by changing the estimated total amount of the allocation base in the Data area to 50,000 machine-hours, keeping all of...
The Excel worksheet form that appears below is to be used to recreate part of the example relating to Turbo Crafters that appears earlier in the chapter. 1. Award: 10.00 points 2. Change all of the numbers in the data area of your worksheet so that it looks like this: 1 Chapter 3: Applying Excel 2 3 Data 4 Allocation base 5 Estimated manufacturing overhead cost 6 Estimated total amount of the allocation base 7 Actual manufacturing overhead cost Machine-hours...
3. Either print or make a copy of your worksheet in your workbook before proceeding. You will need to refer back to this worksheet. Change the estimated total amount of the allocation base to 45,000 machine-hours, but keep everything the same as in Requirement 2. The data area of your worksheet should now look like this: 1 Chapter 3: Applying Excel 3 Data 4 5 6 7 8 Allocation base Estimated manufacturing overhead cost Estimated total amount of the allocation...
A B C D E F H J M N Name: G# 1 Chapter 3: Applying Excel 2 3 Data 4 Allocationibus 5 Estimated manufacturing overhead cost 6 Estimated total amount of the allocation base 7 Actual manufacturing overhead cost B Actual total amount of the allocation base Machine-hours $300,000 75,000 machine-hours $290,00D 68,00D machine-hours Copy Formulas 10 Enfer a formula into each of the green cells marked with a 7 below. Once complete use the "Copy Formula" button. 11...
4. Change the estimated total amount of the allocation base back to 39,000 machine-hours, so that the data area of you worksheet looks exactly the same as in Requirement 2. Now change the actual manufacturing overhead cost from $184,800 to $193,500. The data area of your worksheet should now look like this: 1 Chapter 3: Applying Excel 4 5 6 7 8 Data Allocation base Estimated manufacturing overhead cost Estimated total amount of the allocation base Actual manufacturing overhead cost...
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