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Snow White Limited manufactures office furniture that it then sells to retailers. The company has 2 direct cost pools, direct materials \& direct labour, and 2 indirect cost pools, fabrication (which is highly automated) \& custom finishing (which is mostly a manual department). The company uses a normal costing system in which overhead in the fabrication department is allocated to jobs on the basis of machine hours \& overhead in the finishing department is allocated to jobs based on direct manufacturing labour hours. The following data is available for the year ended August 31, 2023: Actual machine hours, direct manufacturing labour-hours and the ending balances (before proration or under- or overallocated overhead) are as follows: 1. Compute the budgeted manufacturing overhead rates for the year for the fabrication \& custom finishing departments. 2. Compute the amount of under- or overallocated overhead in each department for the year. 3. Calculate the ending balances for Work-In-Process, Finished Goods \& Cost of Goods Sold if under- or over allocated overhead is: a) written off to Cost of Goods Sold b) Prorated based on existing balances in each of the three accounts c) Prorated based on the overhead allocated in 2023 in the ending balances, before proration, in each of the three accounts

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