2. Change all of the numbers in the data area of your worksheet so that it looks

Question

2. Change all of the numbers in the data area of your worksheet so that it looks like this: ?? 1 Chapter 2: Applying Excel 4 Allocatlon base Machine-houre 5800,400 5 Eatimated manufacturing overhead co6t ? Estimated total amount of the allocation base 7 Actual manufacturing overhead coet 70maching- houre 5784.300 Actual total amount of the allocation base machine- If your formulas are correct, you should get the correct answers to the following questions. (a) What is the predetermined overhead rate? (Round your answer to 2 decimal places.) 920l per machine- hour redetermined owerhead S b) By how much is the manufacturing overhead underapplied or overapplied? erhead

Explanation / Answer

Answer to Part 1 Estimated Manufacturing Overheads 800400 Estimated total amount of the allocation base 87000 Predetermined Overhead rate (800400/87000) 9.2

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