Luthan Company uses a plantwide predetermined overhead rate of $22.70 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $272,400 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor-hours.
The company incurred actual total manufacturing overhead costs of $ and total direct labor-hours during the period.

Instructions are listed below.

Explanation:

We weren't provided with enough information to answer the requirements. Surfing through the internet I found the correct information.

Giving the following information:

Luthan Company uses a plantwide predetermined overhead rate of $22.70 per direct labor-hour.

The company incurred actual total manufacturing overhead costs of $269,000 and 10,800 total direct labor-hours during the period.

We need to allocate overhead using the predetermined overhead rate and the actual direct labor hours incurred.

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 22.7*10,800= $245,160

Bonus:

Determine the under/over allocation:

Over/under allocation= real MOH - allocated MOH

Over/under allocation= 269,000 - 245,160= $23,840 underallocated

what do you mean.why did u repeat the question.

both are integral parts of a corporate balance sheet. the cash flow statement, or statement of cash flows, measures the sources of a company's cash and its uses of cash over a specific time period. the income statement measures a company's financial performance, such as revenues, expenses, profits or losses over a specific time period (in fact, it's sometimes called a statement of financial performance).

a cash flow statement shows exactly how much money a company has received and how much it has spent, traditionally over a period of one month. it captures the current operating results and changes on the balance sheet, such as increases or decreases in accounts receivable or accounts payable, and does not include noncash accounting items such as depreciation and amortization. the cash flow generally comes from revenue received as a result of business activity, but it may be augmented by funds available as a result of credit. a cash flow statement is used to determine the short-term viability and liquidity of a company, specifically how well it is positioned to pay its bills and vendors.