Homework Answers
Requirements:
1. Actual manufacturing overhead
- $214000
2. Allocated manufacturing overhead
- $208000
3. Manufacturing Overhead is Underallocated by $6000
Notes:
• In manufacturing overhead T account,
- the debit side of account indicates actual manufacturing overhead incurred, $214000
- the credit side of account indicates manufacturing overhead alloacted/applied to work in process, $208000
• Over/Under allocated overhead
= Manufacturing overhead incurred - Manufacturing overhead allocated
= $214000 - $208000
= -$6000
= $6000 Underallocated
______×_______
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