Homework Answers
Answer:
| 1 | Actual direct labor hours | x | Predetermined overhead rate | = | Manufacturing overhead allocated |
| 16,400 | x | $ 75.00 | = | $ 1,230,000 | |
| 2 | Actual direct labor cost | x | Predetermined overhead rate | = | Manufacturing overhead allocated |
| $ 982,500 | x | 125% | = | $ 1,228,125 | |
| 3 | Actual machine hours | x | Predetermined overhead rate | = | Manufacturing overhead allocated |
| 11,850 | x | $ 96.00 | = | $ 1,137,600 | |
| 4. The total amount of manufacturing overhead allocated during the year is dependent upon two factors the allocation base used and the actual quantity of the base used. | |||||
| As a result, a company could either overallocate or underallocate manufacturing overhead depending on the allocation base used and the actual manufacturing overhead for the year. | |||||
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