Using the following accounts and an overhead rate of 80% of direct labor cost, determine the amount of applied overhead. Work in Process Inventory Beginning WIP 18,300 Direct Materials54,900 Direct Labor

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

Explanation:

Giving the following information:

Overhead is applied base on an estimated overhead rate of 80% of direct labor cost.

We weren't provided with enough information to calculate the allocated overhead. But, I will give a numerical example as well as the formula:

To allocate overhead, we need to use the following formula:

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

For example:

Direct labor= $50,000

Allocated overhead= 0.8*50,000= $40,000

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2. a talk with them

3. ask someone you trust

4. ignore

5. call police

answer; whoever is willing and able to pay the price;