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8-35. COMPREHENSIVE VARIANCE ANALYSIS. Cooking Whiz manufactures premium food processors. The following are some manufacturing overhead data for Cooking Whiz for the year ended December

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8-35. COMPREHENSIVE VARIANCE ANALYSIS. Cooking Whiz manufactures premium food processors. The following are some manufacturing overhead data for Cooking Whiz for the year ended December 31, 2020: Budgeted number of output units: 915 Planned allocation rate: 2 machine-hours per unit Actual number of machine-hours used: 1,632 Static-budget variable manufacturing overhead costs: $76,860 Required Compute the following quantities (you should be able to do so in the prescribed order): 1. Budgeted number of machine-hours planned 2. Budgeted fixed manufacturing overhead costs per machine-hour 3. Budgeted variable manufacturing overhead costs per machine-hour 4. Budgeted number of machine-hours allowed for actual output produced 5. Actual number of output units 6. Actual number of machine-hours used per output unit

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