Solution-What amount of manufacturing overhead was allocated

What amount of manufacturing overhead was allocated

Reference no: EM132548728

ABC Plastic Products Company manufactures pipes and applies manufacturing costs to production at a budgeted indirect-cost rate of $9 per direct labor-hour. The following data are obtained from the accounting records for June 2010:

Direct materials $300,000

Direct labor (16,000 hours @ $11/hour) $ 44,000

Indirect labor $ 20,000

Plant facility rent $ 100,000

Depreciation on plant machinery and equipment $ 40,000

Sales commissions $ 30,000

Administrative expenses $ 40,000

Question a. What actual amount of manufacturing overhead costs was incurred during June 2010?

Question b. What amount of manufacturing overhead was allocated to all jobs during June 2010?

Question c. For June 2010, was manufacturing overhead underallocated or overallocated? If yes, at what amount?

Reference no: EM132548728

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What amount of manufacturing overhead was allocated

Reference no: EM132548728

Reference no: EM132548728

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