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Big Watches Co. manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports.
Big Watches Co. manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During October, the company budgeted for 5000 units, but its actual level of activity was 4700 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for October: Revenue Direct Labor Direct Materials Manufacturing Fixed Element per Month Variable Element per Actual Results Month 48.50 245,060 7.50 39,480 20.10 104,205 31,000 4.15 52,870 Overhead What is MOH in the planning budget for October? Round your answer to the nearest whole number.
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