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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.

  1. Manufacturing Overhead Actual Results Flexible Budget Amount Allocated

Variable $ 76,608$ 76,800$ 76,800 Fixed350,208348,096376,320

  1. Budgeted number of output units: 888
  2. Planned allocation rate: 3 machine-hours per unit
  3. Actual number of machine-hours used: 1,824
  4. Static-budget variable manufacturing overhead costs: $71,040

Required

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

  1. Budgeted number of machine-hours planned.
  2. Budgeted FMOH costs per machine-hour.
  3. Budgeted VMOH costs per machine-hour.
  4. Budgeted number of machine-hours allowed for actual output achieved.
  5. Actual number of output units.
  6. Actual number of machine-hours used per output unit.

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