Question
Culinary Whiz manufactures premium food processors. The following are some manufacturing overhead data for Culinary Whiz for the year ended December 31, 2017: Manufacturing Overhead
Culinary Whiz manufactures premium food processors. The following are some manufacturing overhead data for Culinary Whiz for the year ended December 31, 2017:
Manufacturing Overhead | Actual Results | Flexible Budget | Allocated Amount |
---|---|---|---|
Variable | $74,538 | $72,732 | $72,732 |
Fixed | 350,205 | 346,920 | 376,310 |
Budgeted number of output units: 885
Planned allocation rate:2 machine-hours per unit
Actual number of machine-hours used: 1,818
Static-budget variable manufacturing overhead costs: $67,260
Compute the following quantities (you should be able to do so in the prescribed order):
5. | Actual number of output units |
6. | Actual number of machine-hours used per output unit |
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