Amberjack Company is trying to decide on an allocation base to it is trying to decide whether it should use a different allocation ba Actual and estimated data for manufacturing overhead, direct lab Estimated Value 585,000 Manufacturing overhead cost Direct labor cost Direct labor hours Machine hours S 387,000 15,600 hours 6,600 hours Required: 1. Based on the company's current allocation base (direct labor hou a. Predetermined overhead rate. (Round your answer to 2 decim, Predetermined Overhead Rate per direct labor hour b. Applied manufacturing overhead (Round your intermediate calc O Type here to search de on an allocation base to use to assign manufacturing overhead to use a different allocation base such as direct labor dollars or machin acturing overhead, direct labor cost, direct labor hours, and machineh Estimated Value S 585,000 S 387,000 Actual Value $ 646,000 $ 441,000 15,600 hours 6,600 hours 17,100 hours 7,600 hours llocation base (direct labor hours), compute the following ound your answer to 2 decimal places.) per direct labor hour (Round your intermediate calculations to 2 decimal places and fin jobs. The company has always used direct labor hours to assi e hours. hours for the most recent fiscal year are summarized here: d final answer to the nearest whole dollar amount Required: 1. Based on the company's current allocation base (direct labor hours a. Predetermined overhead rate. (Round your answer to 2 decimal redetermined Overhead Rate per direct labor hour b. Applied manufacturing overhead. (Round your intermediate calc Manufacturing Overhead c. Over- or underapplied manufacturing overhead (Round your intern Manufacturing Overhead ation base (direct labor hours), compute the following d your answer to 2 decimal places.) per direct labor hour und your intermediate calculations to 2 decimal places and final ans overhead (Round your intermediate calculations to 2 decimal places s and final answer to the nearest whole dollar amount.) decimal places and final answer to the nearest whole dollar amount.) 2. If the company had used direct labor dollars (instead of direct labor h a. Predetermined overhead rate. (Round your answer to 2 decimal pl Predetermined Overhead Rate % of direct labor cost b. Applied manufacturing overhead. (Round your intermediate calculat Manufacturing Overhead c. Over- or underapplied manufacturing overhead. (Round your intermed anufacturing Overhead O Type here to search direct labor dollars (instead of direct labor hours) as its allocation base, comp rate. (Round your answer to 2 decimal places, i.e. 3.63%) te % of direct labor cost verhead. (Round your intermediate calculations to 2 decimal places and f hanufacturing overhead. (Round your intermediate calculations to 2 decimal n base, compute the following: al places and final answer to the nearest whole dollar amount.) ns to 2 decimal places and final answer to the nearest whole dollar amount.) ois Central Colleg Orade | PeopleSoft E 3. If the company had used machine hours (instead of direct labor h a. Predetermined overhead rate. (Round your answer to 2 decima redetermined Overhead Rate per machine hour b. Applied manufacturing overhead (Round your intermediate cal Manufacturing Overhead c. Over- or underapplied manufacturing overhead. (Round your inte Manufacturing Overhead ft E achine hours (instead of direct labor hours) as its allocation base, compute te. (Round your answer to 2 decimal places.) per machine hour head. (Round your intermediate calculations to 2 decimal places and ufacturing overhead. (Round your intermediate calculations to 2 decima mpute the following: es and final answer to the nearest whole dollar amount.) decimal places and final answer to the nearest whole dollar amount.) c. Over-or underapplied manufacturing overhead. (Round 4. Based on last year's data alone, which allocation base wo O Direct Labor Hours O Machine Hours O Direct Labor Cost References eBook & Resources Worksheet nufacturing overhead. (Round your intermediate calculations to 2 de alone, which allocation base would have provided the most accurate me ok & Resources Learning Objective 02-03 Calculate a redetermined overhead rate and use it to apply manufacturing overhead cost to jobs to 2 decimal places and final answer to the nearest whole dollar am urate measure for applying manufacturing overhead costs to production? Amberjack Company is trying to decide on an allocation base to it is trying to decide whether it should use a different allocation ba Actual and estimated data for manufacturing overhead, direct lab Estimated Value 585,000 Manufacturing overhead cost Direct labor cost Direct labor hours Machine hours S 387,000 15,600 hours 6,600 hours Required: 1. Based on the company's current allocation base (direct labor hou a. Predetermined overhead rate. (Round your answer to 2 decim, Predetermined Overhead Rate per direct labor hour b. Applied manufacturing overhead (Round your intermediate calc O Type here to search de on an allocation base to use to assign manufacturing overhead to use a different allocation base such as direct labor dollars or machin acturing overhead, direct labor cost, direct labor hours, and machineh Estimated Value S 585,000 S 387,000 Actual Value $ 646,000 $ 441,000 15,600 hours 6,600 hours 17,100 hours 7,600 hours llocation base (direct labor hours), compute the following ound your answer to 2 decimal places.) per direct labor hour (Round your intermediate calculations to 2 decimal places and fin jobs. The company has always used direct labor hours to assi e hours. hours for the most recent fiscal year are summarized here: d final answer to the nearest whole dollar amount Required: 1. Based on the company's current allocation base (direct labor hours a. Predetermined overhead rate. (Round your answer to 2 decimal redetermined Overhead Rate per direct labor hour b. Applied manufacturing overhead. (Round your intermediate calc Manufacturing Overhead c. Over- or underapplied manufacturing overhead (Round your intern Manufacturing Overhead ation base (direct labor hours), compute the following d your answer to 2 decimal places.) per direct labor hour und your intermediate calculations to 2 decimal places and final ans overhead (Round your intermediate calculations to 2 decimal places s and final answer to the nearest whole dollar amount.) decimal places and final answer to the nearest whole dollar amount.) 2. If the company had used direct labor dollars (instead of direct labor h a. Predetermined overhead rate. (Round your answer to 2 decimal pl Predetermined Overhead Rate % of direct labor cost b. Applied manufacturing overhead. (Round your intermediate calculat Manufacturing Overhead c. Over- or underapplied manufacturing overhead. (Round your intermed anufacturing Overhead O Type here to search direct labor dollars (instead of direct labor hours) as its allocation base, comp rate. (Round your answer to 2 decimal places, i.e. 3.63%) te % of direct labor cost verhead. (Round your intermediate calculations to 2 decimal places and f hanufacturing overhead. (Round your intermediate calculations to 2 decimal n base, compute the following: al places and final answer to the nearest whole dollar amount.) ns to 2 decimal places and final answer to the nearest whole dollar amount.) ois Central Colleg Orade | PeopleSoft E 3. If the company had used machine hours (instead of direct labor h a. Predetermined overhead rate. (Round your answer to 2 decima redetermined Overhead Rate per machine hour b. Applied manufacturing overhead (Round your intermediate cal Manufacturing Overhead c. Over- or underapplied manufacturing overhead. (Round your inte Manufacturing Overhead ft E achine hours (instead of direct labor hours) as its allocation base, compute te. (Round your answer to 2 decimal places.) per machine hour head. (Round your intermediate calculations to 2 decimal places and ufacturing overhead. (Round your intermediate calculations to 2 decima mpute the following: es and final answer to the nearest whole dollar amount.) decimal places and final answer to the nearest whole dollar amount.) c. Over-or underapplied manufacturing overhead. (Round 4. Based on last year's data alone, which allocation base wo O Direct Labor Hours O Machine Hours O Direct Labor Cost References eBook & Resources Worksheet nufacturing overhead. (Round your intermediate calculations to 2 de alone, which allocation base would have provided the most accurate me ok & Resources Learning Objective 02-03 Calculate a redetermined overhead rate and use it to apply manufacturing overhead cost to jobs to 2 decimal places and final answer to the nearest whole dollar am urate measure for applying manufacturing overhead costs to production