The options for the boxes are as followed: Actual overhead costs Actual qty of the allocated...

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Woodall makes handheld calculators in two models: basic and professional. Woodall estimated $1,149,500 of manufacturing overh

The options for the boxes are as followed:

Actual overhead costs

Actual qty of the allocated base used

Estimated overhead costs

Estimated of the qty allocated base used

business accounting

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Answer 1

Answer #1

1.

Estimated overhead costs / Estimated of the qty allocated base used = Predetermined OH allocation rate

$1,149,500 / 605,000 = $1.90

2.

OH allocation:

Basic:

= $1.90 X 280,000

= $532,000

Professional:

= $1.90 X 325,000

= $617,500

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Answer 2

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