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1 2 B Problem #1: CVP 3 4 5 Michigan Manufacturing, Inc. produces two types of products, standard and deluxe in its Washtenaw County
1 2 B Problem #1: CVP 3 4 5 Michigan Manufacturing, Inc. produces two types of products, standard and deluxe in its Washtenaw County plant. The accounting system classifies costs into direct (DM and DL) and indirect (overhead). Total manufacutring overhead costs for the month of January were $225,000, of which 5175,000 was fixed. Overhead is allocated to the two product lines on the basis of DL costs. Data for January 2021 is presented below. 6 7 January 2021 standard deluxe total B number of units produced and sold 4,100 2,200 6,300 9 total direct material (OM) $81,000 10 563,000 $144,000 total direct labor (DM) $46,000 $91,000 $137,000 11 total variable overhead (VOH) $50,000 12 total fixed overhead (POH) 15 $175,000 14 total manufacturing cost 5506.000 15 30 (2) Calculate the fixed and variable OH allocated to each product line in January. (4 points) 17 standard delus total variable overhead (VOH) TA Problem 1 Problem 2 Problem catubate F2 F3 2 F4 144 F5
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