Question: Data Allocation base Machine-hours Estimated manufacturing overhead cost $300,000 Estimated total amount of the allocation base 75,000 machine-hours Actual manufacturing overhead cost $290,000 Actual total
| Data | ||||
| Allocation base | Machine-hours | |||
| Estimated manufacturing overhead cost | $300,000 | |||
| Estimated total amount of the allocation base | 75,000 | machine-hours | ||
| Actual manufacturing overhead cost | $290,000 | |||
| Actual total amount of the allocation base | 68,000 | machine-hours | ||
| Enter a formula into each of the cells marked with a ? below | ||||
| Computation of the predetermined overhead rate | ||||
| Estimated manufacturing overhead cost | ? | |||
| Estimated total amount of the allocation base | ? | machine-hours | ||
| Predetermined overhead rate | ? | per machine-hour | ||
| Computation of underapplied or overapplied manufacturing overhead | ||||
| Actual manufacturing overhead cost | ? | |||
| Manufacturing overhead cost applied to Work in Process during the year: | ||||
| Predetermined overhead rate | ? | per machine-hour | ||
| Actual total amount of the allocation base | ? | machine-hours | ||
| Manufacturing overhead applied | ? | |||
| Underapplied (overapplied) manufacturing overhead | ? | |||
| Explain answers | ||||
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