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127,550
41,320
168,870
1,050
50
52,500
221,370
Budgeted Manufacturing Overhead Cost
Budgeted Direct Manufacturing Labor Cost
Actual Manufacturing Overhead Cost
Actual Direct Manufacturing Labor Cost
3. Calculate the ending balances in WIP, Finished Goods, and Cost of Goods sold
1 Adjusting of Overhead allocation rate
Calculate a percentage of Under Allocation to
Allocated Overhead
Under- Allocation of Overheads 3000 2.632%
Allocated Manufacturing Overhead 114000
Manufacturing
Overhead Percentage of
Ending included in the Overhead Included
Account Balances ending Balances in the Balances
1 2
Ending
Balances
after
Proration 0 0 0
50880 0 0 0
245920 0 0 0
551200 0 0 0
848000
Prorating Ending
the Under Balances
Allocated after
Overhead Proration
3 4
3000
270 50970
780 245830
1950 551200
3000 848000