Comprehensive variance analysis. FlatScreen manufactures flat-panel LCD displays. The displays are sold to major PC manufacturers. Following is some manufacturing overhead data for FlatScreen for the year ended December 31, 2007:

Flexible Allocated Actual Budget Amount Variable manufacturing overhead $1,838,592 $1,843,200 $1,843,200 Fixed manufacturing overhead $8,404,992 $8,354,304 $9,031,680 FlatScreen’s budget was based on the assumption that 17,760 units (panels) will be manufac¬

tured during 2007. The planned allocation rate was two machine-hours per unit. FlatScreen uses machine-hours as the cost driver. Actual number ofmachine-hours used during 2007 was 36,480. The budgeted variable manufacturing overhead costs equal $1,704,960.

Required Compute the following quantities (you should be able to do so in the prescribed order):

1. Budgeted number ofmachine-hours planned 2. Budgeted fixed manufacturing overhead costs per machine-hour 3. Budgeted variable manufacturing overhead costs per machine-hour 4. Budgeted number ofmachine-hours allowed for actual output achieved 5. Actual number of output units 6. Actual number ofmachine-hours used per panel 7. Allocated amount for fixed manufacturing overhead