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Calculate the budgeted manufacturing overhead rate

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Question - Waheed Company uses normal costing. It allocates manufacturing overhead costs using a budgeted rate per machine-hour.

The following data are available for 2008:

Budgeted manufacturing overhead costs $4,000,000

Budgeted machine-hours 200,000

Actual manufacturing overhead costs $3,860,000

Actual machine-hours 195,000

a) Calculate the budgeted manufacturing overhead rate.

b) Calculate the manufacturing overhead allocated during 2008.

c) Calculate the amount of under- or overallocated manufacturing overhead.

Reference no: EM131829350

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