Question: Requirement 1. Compute Jackson's predetermined overhead allocation rate Estimated overhead cost S 870,000 Estimated machine hours 22,500 Predetumined overhead allocation rate $ 12 por


Requirement 1. Compute Jackson's predetermined overhead allocation rate Estimated overhead cost S 870,000 Estimated machine hours 22,500 Predetumined overhead allocation rate $ 12 por machine hour Requirement 2. Prepare the journal entry to allocate manufacturing overhead (Record debts fint, then credits. Exchide explanations from any journal entries) Date Dec. 31 Work-in-Process Inventory Accounts Manufacturing Overhead Debit Cred 732,000 732.000 Requirement 3. Post the manufacturing overhead transactions to the T-account and calculate the balance (Enter the ending balance on the last line) Manufacturing Overhead
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