ACC 206 Week 3 Assignment Chapter 4 and 5 Problems

Please complete the following 7 exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document, and submit it in the appropriate week using the Assignment Submission button.

Chapter 4 Exercise 7

1. Overhead application: Working backward

The Towson Manufacturing Corporation applies overhead on the basis of machine hours. The following divisional information is presented for your review:

Division A Division B Actual machine hours 22,500 ? Estimated machine hours 20,000 ? Overhead application rate Actual overhead 110,000 ? Estimated overhead ? 90,000 ...