Question
Annual budgeted variable-MOH cost 41250 and budgeted fixed-MOH cost of 56100 support a planned volume 6600 units. Standard were also set at the time for
Annual budgeted variable-MOH cost 41250 and budgeted fixed-MOH cost of 56100 support a planned volume 6600 units. Standard were also set at the time for the cost driver, machine hours, where each unit should use 1.25 machine hours. At the end of this first quarter, the company had used 2159 machine hours in its production of 1700 units. Actual variable-MOH costs incurred thus far were 9931 and total fixed-MOH costs thus far totaled 12630. Calculate the budgeted variable-MOH rate per machine per and standard variable-MOH cost per unit. Do the same for fixed-MOH.
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