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Change all of the numbers in the data area of your worksheet so that it looks like this:
If your formulas are correct, you should get the correct answers to the following questions.
By how much is the manufacturing overhead underapplied or overapplied? (Input the amount as a positive value. Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.)
Either print or make a copy of your worksheet in your workbook before proceeding. You will need to refer back to this worksheet.
Change the estimated total amount of the allocation base to 95,000 machine-hours, but keep everything the same as in Requirement 2. The data area of your worksheet should now look like this:
Why is the amount of underapplied (overapplied) manufacturing overhead different from Requirement 2 above? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.)
Change the estimated total amount of the allocation base back to 90,000 machine-hours, so that the data area of you worksheet looks exactly the same as in Requirement 2. Now change the actual manufacturing overhead cost from $866,300 to $857,800. The data area of your worksheet should now look like this:
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