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Cookery Whiz manufactures premium food processors. The following are some manufacturing overhead (MOH) data for Cookery Whiz for the year ended December 31, 2020: Data
Cookery
Whiz manufactures premium food processors. The following are some manufacturing overhead (MOH) data for Cookery Whiz for the year ended December 31, 2020:
Data table
Manufacturing Overhead | Actual Results | Flexible Budget | Allocated Amount |
---|---|---|---|
Variable | $61,236 | $75,816 | $75,816 |
Fixed | 350,205 | 348,690 | 376,370 |
Budgeted number of output units: 885
Planned allocation rate:
2
machine-hours per unit
Actual number of machine-hours used: 1,458
Static-budget variable manufacturing overhead costs: $69,030
Requirements
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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