Question: Answer the following question(s) using the information below. Cloudy Company manufactures pipes and applies manufacturing overhead costs to production at a budgeted overhead cost allocation



Answer the following question(s) using the information below. Cloudy Company manufactures pipes and applies manufacturing overhead costs to production at a budgeted overhead cost allocation rate of 321 per direct labour hour The following data are obtained from the accounting records for June in the current year Dured materials $320.000 Duted labour 8.000 hours $11/hou) $112.000 Indirect labour $32,000 Plant facility rent $55,000 Depreciation on plant machinery and equipment $20.000 Sales commissions $28.000 administrative expenses $40,000 uestion. The actual amount of manufacturing overhead costs incurred in June totals $147,000 $197 000 The amount of manufacturing overhead allocated to all jobs during June totals $107.000 $112,000 The amount of manufacturing overhead allocated to all jobs during June totals O$107.000 O $112,000 $147,000
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