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8-29COMPREHENSIVE VARIANCE ANALYSIS.MagicDicemanufacturespremium food processors. The following is some manufacturing overhead data forMagicDicefor the year ended December 31, 2018. Manufacturing Overhead Actual Results Flexible Budget
8-29COMPREHENSIVE VARIANCE ANALYSIS.MagicDicemanufacturespremium food processors. The following is some manufacturing overhead data forMagicDicefor the year ended December 31, 2018.
- Manufacturing Overhead Actual Results Flexible Budget Amount Allocated
Variable $ 76,608$ 76,800$ 76,800 Fixed350,208348,096376,320
- Budgeted number of output units: 888
- Planned allocation rate: 3 machine-hours per unit
- Actual number of machine-hours used: 1,824
- Static-budget variable manufacturing overhead costs: $71,040
Required
Calculate the following quantities (you should be able to do so in the prescribed order):
- Budgeted number of machine-hours planned.
- Budgeted FMOH costs per machine-hour.
- Budgeted VMOH costs per machine-hour.
- Budgeted number of machine-hours allowed for actual output achieved.
- Actual number of output units.
- Actual number of machine-hours used per output unit.
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