Question: Please help solve. It is all one question. Required Information [The following information applies to the questions displayed below] The following data pertain to the

Please help solve. It is all one question.

Please help solve. It is all one question. Required Information [The following

information applies to the questions displayed below] The following data pertain to

Required Information [The following information applies to the questions displayed below] The following data pertain to the Oneida Restaurant Supply Company for the year Just ended. Budgeted sales revenue Actual manufacturing overhead Budgeted machine hours (based on practical capacity) Budgeted direct-labor hours (based on practical capacity) Budgeted direct-labor rate Budgeted manufacturing overhead Actual machine hours Actual direct-labor hours Actual direct-labor rate $210,000 338,000 10,000 20,000 $ 13 $364,000 11,000 18,000 $ 16 Required: 1. Compute the firm's predetermined overhead rate for the year using each of the following common cost drivers: (a) machine hours, (b) direct-labor hours, and (direct-labor dollars. (Round your answers to 2 decimal place.) Overhead Rate Cost Drivers (a) Machine hours (b) Direct-labor hours (c) Direct-labor dollars per machine hour per direct-labor hour per direct labor dollar 2. Calculate the overapplied or underapplied overhead for the year using each of the following cost drivers. (Round Intermediate calculation to 2 decimal places.) Amount Cost Drivers (a) Machine hours (b) Direct-labor hours (0) Direct-labor dollars

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