Question

Requirement 3. How much manufacturing overhead was incurred during the​ year? Is manufacturing overhead underallocated or overallocated at the end of the​ year? By how​ much? ​(

Answer 1

Answer:

hello your question lacks the required data attached is the required data

answer : A) $513500,

      B) manufacturing overhead is under allocated by $57500

Explanation:

A) How much Manufacturing overhead was incurred during the year

= depreciation on manufacturing plants and equipment + property taxes on plant + plant janitors wages

= $485000 + $19000 + $9500 = $513500

B) Is manufacturing overhead under allocated or over allocated

to check if it is over allocated or under allocated we use this formula

= actual overheads - allocated overhead

= $513500 - $456000 =  $57500

therefore manufacturing overhead is under allocated by $57500