Requirement 3. How much manufacturing overhead was incurred during the year? Is manufacturing overhead underallocated or overal
located at the end of the year? By how much? (
1 answer:
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
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