Question: View the additional information. Read the requirements. Requirement 1 . Compute the predetermined overhead allocation rates. Round to two decimal places. nearest cent. ) Requirement
View the additional information.
Read the requirements.
Requirement Compute the predetermined overhead allocation rates. Round to two decimal places.
nearest cent.
Requirement Determine the total amount of overhead allocated in October.
Begin by selecting the formula to allocate manufacturing overhead costs. Abbreviations used; qty quantity, overhead.
Compute the manufacturing overhead allocated in October for each department and the total for both departments.
Mixing
Packaging
Total
Additional Information
The company has refined its allocation system by separating manufacturing
overhead costs into two cost poolsone for each department. The estimated
costs for the Mixing Department, $ will be allocated based on direct
labor hours, and the estimated direct labor hours for the year are The
estimated costs for the Packaging Department, $ will be allocated based
on machine hours, and the estimated machine hours for the year are In
October, the company incurred direct labor hours in the Mixing Department
and machine hours in the Packaging Department.
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