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Calculate the manufacturing overhead allocated

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Reference no: EM132543239

Buller Company uses normal costing. It allocates manufacturing overhead costs using a budgeted rate per machine-hour. The following data are available for 2019:

Budgeted manufacturing overhead costs $4,800,000

Budgeted machine-hours 180,000

Actual manufacturing overhead costs $3,990,000

Actual machine-hours 150,000

Required:

Question 1. Calculate the budgeted manufacturing overhead rate.

Question 2. Calculate the manufacturing overhead allocated during 2019.

Question 3. Calculate the amount of under- or overallocated manufacturing overhead. Why do Buller's managers need to calculate this amount?

Reference no: EM132543239

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