Vintage Poster comma Co.Vintage Poster, Co. are as follows:

Requirements

1.	Compute the predetermined overhead allocation rate per direct labor dollar.
2.	Prepare the journal entry to allocate overhead cost for the year.
3.	Use a? T-account to determine the amount of underallocated or overallocated maunfacturing overhead.
4.	Prepare the journal entry to adjust for the underallocated or overallocated manufacturing overhead.

  
 
 
 

Transcribed Image Text:

Estimated manufacturing overhead cost for the year $ 110,000 Estimated direct labor cost for the year 88,000 Actual manufacturing overhead cost for the year 114,000 Actual direct labor cost for the year 72,000 Estimated manufacturing overhead cost for the year $ 110,000 Estimated direct labor cost for the year 88,000 Actual manufacturing overhead cost for the year 114,000 Actual direct labor cost for the year 72,000

Answer rating: 100% (QA)

complete solution is given below Ans 1Predetermined ... View the full answer