Regal Uniforms produces uniforms. The company allocates manufacturing overhead based on the machine hours each job...
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Regal Uniforms produces uniforms. The company allocates manufacturing overhead based on the machine hours each job uses. Regal Uniforms reports the following cost data for the past year: (Click the icon to view the cost data.) Data Table i Requirements Budget Actual 1. Compute the predetermined manufacturing overhead rate. 2. Calculate the allocated manufacturing overhead for the past year. 3. Compute the underallocated or overallocated manufacturing overhead. How will this underallocated or overallocated manufacturing overhead be disposed of? Direct labor hours. 7,400 hours 6,000 hours ea Machine hours 6,500 hours 6,300 hours Depreciation on salespeople's autos $ 22,500 $ 22,500 4. How can managers use accounting information to help control manufacturing Indirect materials $ 49,500 $ 54,500 overhead costs? Depreciation on trucks used to deliver uniforms to customers $ 15,000 $ 13,000 Print Done Depreciation on plant and equipment $ 65,000 $ 66,000 Indirect manufacturing labor. .. $ 41,000 $ 44,000 Customer service hotline. $ 22,000 $ 23,500 Plant utilities. $ 500 $ 1,500 Direct labor cost. $ 70,000 $ 85,500 Regal Uniforms produces uniforms. The company allocates manufacturing overhead based on the machine hours each job uses. Regal Uniforms reports the following cost data for the past year: (Click the icon to view the cost data.) Data Table i Requirements Budget Actual 1. Compute the predetermined manufacturing overhead rate. 2. Calculate the allocated manufacturing overhead for the past year. 3. Compute the underallocated or overallocated manufacturing overhead. How will this underallocated or overallocated manufacturing overhead be disposed of? Direct labor hours. 7,400 hours 6,000 hours ea Machine hours 6,500 hours 6,300 hours Depreciation on salespeople's autos $ 22,500 $ 22,500 4. How can managers use accounting information to help control manufacturing Indirect materials $ 49,500 $ 54,500 overhead costs? Depreciation on trucks used to deliver uniforms to customers $ 15,000 $ 13,000 Print Done Depreciation on plant and equipment $ 65,000 $ 66,000 Indirect manufacturing labor. .. $ 41,000 $ 44,000 Customer service hotline. $ 22,000 $ 23,500 Plant utilities. $ 500 $ 1,500 Direct labor cost. $ 70,000 $ 85,500
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