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Based on the following annual information, determine the total standard quantity of machine hours ALLOWED for the year: Static budget data: Machine hours: 165,000 Finished

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Based on the following annual information, determine the total standard quantity of machine hours ALLOWED for the year: Static budget data: Machine hours: 165,000 Finished units to produce: 150,000 Actual data: Machine hours: 126,000 Finished units produced: 120,000 165,000 (per the static budget) 126,000 (per actual results) 157,500((126,000/120,000)150,000) 132,000((165,000/150,000)120,000) 150,000 (per the static budget) 120,000 (per actual results)

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