(Solved): 10 Hartley Uniforms produces uniforms. The company allocates manufacturing overhead based on the mac ...

Hartley Uniforms produces uniforms. The company allocates manufacturing overhead based on the machine hours each job uses. Hartley Uniforms reports the following cost data for the past year: (Click the icon to view the cost data.) Read the requirements. Requirement 1. Compute the predetermined manufacturing overhead rate. Enter the formula for predetermined manufacturing overhead rate, then compute the rate. $÷]=\begin{array}{l}\text{ Predetermined }\\ \text{ overhead rate }\end{array}$ \begin{tabular}{|c|c|c|} \hline & Budget & Actual \\ \hline Direct labor hours. & 7,200 hours $?$ & 6,000 hours \\ \hline Machine hours. & 6,700 hours 6 & 6,200 hours \\ \hline Depreciation on salespeople's autos..... & 21,500 & 21,500 \\ \hline Indirect materials. & $48,000\$$ & 52,500 \\ \hline \begin{tabular}{l} Depreciation on trucks used to deliver uniforms to \\ customers $\dots \dots \dots \dots \dots \dots \dots$ \end{tabular} & 15,500 & 14,000 \\ \hline Depreciation on plant and equipment & 64,000 & 66,500 \\ \hline Indirect manufacturing labor. .. & 41,000 & 43,000 \\ \hline Customer service hotline....... & 19,500 & 22,000 \\ \hline Plant utilities. . & $1,100?$ & 2,600 \\ \hline \end{tabular} Requirements 1. Compute the predetermined manufacturing overhead rate. 2. Calculate the allocated manufacturing overhead for the past year. 3. Compute the underallocated or overallocated manufacturing overhead. How will this underallocated or overallocated manufacturing overhead be disposed of? 4. How can managers use accounting information to help control manufacturing overhead costs?