The question at hand is (b) below. The images attached are to help anmswer (b). Thank you. :) (b) Why is the amount of underapplied (overapplied) manufacturing overhead different from Requirement 2 above? (You may select more than one answer.) check all that apply The predetermined overhead rate changed.unanswered The change in the actual manufacturing overhead cost directly resulted in a comparable change in the amount of underapplied (overapplied) manufacturing overhead.unanswered The change in the estimated total amount of the allocation base affected the amount of manufacturing overhead applied.
The question at hand is (b) below. The images attached are to help anmswer (b). Thank you. :) (b) Why is the amount of underapplied (overapplied) manufacturing overhead different from Requirement 2 above? (You may select more than one answer.) check all that apply The predetermined overhead rate changed.unanswered The change in the actual manufacturing overhead cost directly resulted in a comparable change in the amount of underapplied (overapplied) manufacturing overhead.unanswered The change in the estimated total amount of the allocation base affected the amount of manufacturing overhead applied.
Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter17: Job Order Costing (job)
Section: Chapter Questions
Problem 2R
Related questions
Question
100%
The question at hand is (b) below. The images attached are to help anmswer (b). Thank you. :)
(b) Why is the amount of underapplied (overapplied) manufacturing
check all that apply
- The predetermined overhead rate changed.unanswered
- The change in the actual
manufacturing overhead cost directly resulted in a comparable change in the amount of underapplied (overapplied) manufacturing overhead.unanswered - The change in the estimated total amount of the allocation base affected the amount of manufacturing overhead applied.

Transcribed Image Text:3. Either print or make a copy of your worksheet in your workbook before proceeding. You will need to refer back to this worksheet.
Change the estimated total amount of the allocation base to 82,000 machine-hours, but keep everything the same as in Requirement
2. The data area of your worksheet should now look like this:
A
В
Chapter 3: Applying Excel
3
Data
4
Allocation base
Machine-hours
Estimated manufacturing overhead cost
$
713,400
6
Estimated total amount of the allocation base
82,000 machine-hours
7
Actual manufacturing overhead cost
$
695,900
8
Actual total amount of the allocation base
86,000 machine-hours
(a) By how much is the manufacturing overhead underapplied or overapplied?
Overapplied
manufacturing overhead
$
52,300
2.

Transcribed Image Text:4. Change the estimated total amount of the allocation base back to 87,000 machine-hours, so that the data area of you worksheet
looks exactly the same as in Requirement 2. Now change the actual manufacturing overhead cost from $695,900 to $693,700. The
data area of your worksheet should now look like this:
A
В
C
1
Chapter 3: Applying Excel
2
Data
4
Allocation base
Machine-hours
Estimated manufacturing overhead cost
2$
713,400
6
Estimated total amount of the allocation base
87,000 machine-hours
7
Actual manufacturing overhead cost
2$
693,700
8
Actual total amount of the allocation base
86,000 machine-hours
(a) By how much is the manufacturing overhead underapplied or overapplied?
Overapplied
manufacturing overhead
$
11,500
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you

Excel Applications for Accounting Principles
Accounting
ISBN:
9781111581565
Author:
Gaylord N. Smith
Publisher:
Cengage Learning

Excel Applications for Accounting Principles
Accounting
ISBN:
9781111581565
Author:
Gaylord N. Smith
Publisher:
Cengage Learning