The T-account showing the manufacturing overhead activity for Jackson, Corp., for 2012 is as follows: Requirements 1.

Question:

The T-account showing the manufacturing overhead activity for Jackson, Corp., for 2012 is as follows:

Manufacturing overhead 197,000 207,000

Requirements
1. What is the actual manufacturing overhead?
2. What is the allocated manufacturing overhead?
3. What is the predetermined manufacturing overhead rate as a percentage of direct labor cost, if actual direct labor costs were $165,600?
4. Is manufacturing overhead under allocated or over allocated? By how much?
5. Is Cost of goods sold too high or toolow?

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Related Book For  book-img-for-question

Financial and Managerial Accounting

ISBN: 978-0132497978

3rd Edition

Authors: Horngren, Harrison, Oliver

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