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please do all requirements 1. Calculate the...

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Accounting

please do all requirements
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1. Calculate the manufacturing overhead allocation rate. 2. Compute the amount of under- or overallocated manufacturing overhead. 3. Calculate the ending balances in work in process, finished goods, and cost of goods sold if under- or overallocated manufacturing overhead is as follows: a. Written off to cost of goods sold b. Prorated based on ending balances (before proration) in each of the three accounts c. Prorated based on the overhead allocated in 2020 in the ending balances (before proration) in each of the three accounts 4. Which method would you choose? Justify your answer. Data table Data table The Ride - On - Wonder Company (ROW) produces a line of non-motorized boats. ROW uses a normal-costing system and allocates manufacturing overhead using direct manufacturing labor Inventory balances on December 31,2020 were as follows: cost. The following data are for 2020 : (Click the icon to view the account balances.) Click the icon to view the data.) Read the requirements: Requirement 1. Calculate the manulacturing overhead allocation rate. Identiy the formula and calculate the manufacturing overhead alocation rate. (Enter the resul as a whole number.)

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