Question: For example, in cell B13 enter the formula = B5. After entering formulas in all of the cells that contained question marks, verify that the


For example, in cell B13 enter the formula "= B5". After entering formulas in all of the cells that contained question marks, verify that the dollar amounts match the example in the text. Check your worksheet by changing the estimated total amount of the allocation base in the Data area to 50,000 machine-hours, keeping all of the other data the same as in the original example. If your worksheet is operating properly, the predetermined overhead rate should now be $6.00 per machine-hour. If you do not get this answer, find the errors in your worksheet and correct them. \begin{tabular}{|l|r|} \hline Data & Machine-hours \\ \hline Allocation base & $300,000 \\ \hline Estimated manufacturing overhead cost & 75,000 machine-hours \\ \hline Estimated total amount of the allocation base & $290,000 \\ \hline Actual manufacturing overhead cost & 68,000 machine-hours \\ \hline Actual total amount of the allocation base & \\ \hline Enter a formula into each of the cells marked with a ? below & \\ \hline ComputationofthepredeterminedoverheadrateEstimatedmanufacturingoverheadcost & ? \\ \hline EstimatedtotalamountoftheallocationbasePredeterminedoverheadrate & ? machine-hours \\ \hline \begin{tabular}{l} Computation of underapplied or overapplied manufacturing overhead \\ \hline Actual manufacturing overhead cost \end{tabular} & \\ \hline Manufacturing overhead cost applied to Work in Process during the year: & ? \\ \hline Predetermined overhead rate & ? per machine-hour \\ \hline Actual total amount of the allocation base & ? \\ \hline Manufacturing overhead applied & ? \\ \hline Underapplied (overapplied) manufacturing overhead & ? \\ \hline \end{tabular}
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