The Fitzgerald Company uses a job-costing system at its Dover, Delaware, plant. The plant has a machining department and a finishing department. Fitzgeralduses normal costing with two direct-cost categories (direct materials and direct manufacturing labor) and two manufacturing overhead cost pools (the machining department with machine-hours as the allocation base, and the finishing department with direct manufacturing labor costs as the allocation base). The 2014budget for the plant is as follows:Machining DepartmentFinishing DepartmentManufacturing overhead costs$9,180,000$8,217,000Direct manufacturing labor costs$930,000$4,150,000Direct manufacturing labor-hours36,000155,000Machine-hours180,00031,000Requirement 5. Amounts at the end of 2014 are as follows:Machining DepartmentFinishing DepartmentManufacturing overhead incurred$10,450,000$8,512,000Direct manufacturing labor costs$1,020,000$4,400,000Machine-hours200,00030,000Compute the under- or overallocated manufacturing overhead for each department and for the Dover plant as a whole. (Use parentheses or a minus sign for overallocatedMachining DepartmentFinishing DepartmentManufacturing overhead incurredManufacturing overhead allocatedDepartment underallocated (overallocated)Total underallocated (overallocated)manufacturing overheads.)
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