# ACTG 2300 Lecture 20: Day 20 Notes

59 views4 pages
7 Feb 2017
School
Department
Course

Day 20
Exercise 3-1 (p. 115)
#1. Total Estimated Man. OH
Variable = \$2.00 / hour * 20,000 hours = \$40,000 / hour
Fixed = \$94,000
Total = \$40,000 + \$94,000 = \$134,000
#2. Total Estimated Allocation Base (direct labor hours)
Given = 20,000
----- #1 / #2 = \$6.70 per direct labor hour
Predetermined Man. OH Rate
Exercise 3-2 (p. 115)
#1. Total Estimated Man. OH
Total = \$257,400
#2. Total Estimated Allocation Base (direct labor hours)
Given = 11,000
----- #1 / #2 = \$23.40 per direct labor hour
Predetermined Man. OH Rate
#3. Predetermined Man. OH Rate
\$23.40 per direct labor hour
#4. Actual Allocation Base incurred by each Cost Object
Given = 10,8000 direct labor hour
----- #3 * #4 = \$252,720
Allocation Balance
Difference between the Manufacturing Overhead Cost Applied (MOCA) and
the Actual Manufacturing Overhead Cost (AMOC)
Overallocation
Underallocation
find more resources at oneclass.com
find more resources at oneclass.com
Unlock document

This preview shows page 1 of the document.
Unlock all 4 pages and 3 million more documents.

# Get access

\$10 USD/m
Billed \$120 USD annually
Homework Help
Class Notes
Textbook Notes