E8-24 (similar to) Question The Whole Bread Company bakes baguettes for distribution to upscale grocery stores. The company has two direct-cost categories: direct materials and dire manufacturing labor. Variable manufacturing overhead is allocated to products on the basis of standard direct manufacturing labor-hours. 6 (Click the icon to view the budget data for 2017.) (Click the icon to view the additional data for 2017.) The Whole Bread Company also allocates fixed manufacturing overhead to products on the basis of standard direct manufacturing labor-hours. For 2017, fix manufacturing overhead was budgeted at $3.00 per direct manufacturing labor-hour. Actual fixed manufacturing overhead incurred during the year was $289 Read the requirements. Requirement 1. Prepare a variance analysis of fixed manufacturing overhead cost. Begin by completing the table below for the fixed manufacturing overhead that will be used to calculate the variances. Same Budgeted Lump Sum Actual Costs Flexible Allocated Regardless of Output Level Incurred Budget Overhead Fixed MOH Enter any number in the edit fields and then click Check Answer. Check Answ 3 parts Clear All -24 (similar to) Question Help White Bread Company bakes baguettes for distribution to upscale grocery stores. The company has two direct-cost categories: direct materials and direct mutactul basis o Data Table (Click for 2017.) White nufactul Hard direct manufacturing labor-hours. For 2017, fixed cturing overhead incurred during the year was $297,000. Direct manufacturing labor use Variable manufacturing overhead 0.02 hours per baguette $10.00 per direct manufacturing labor-hour o the uireme Print Done in by e variances. Data Table MOH Planned (budgeted) output 3,200,000 baguettes Actual production 2,700,000 baguettes Direct manufacturing labor 49,000 hours Actual variable manufacturing overhead $666,400 any d Print Done Check Answer arts emaining uestion Help hite Bread Company bakes baguettes for distribution to upscale grocery stores. The company has two direct-cost categories: direct materials and direct acturing labor. Variable manufacturing overhead is allocated to products on is of standard direct manufacturing labor-hours. ick the icon to view the budget data for 2017.) B: (Click the icon to view the additional data for 2017.) nite Bread Company also allocates fixed manufacturing overhead to products on the basis of standard direct manufacturing labor-hours. For 2017, fixed cturing overhead was budgeted at $3.00 per direct manufacturing labor-hour. Actual fixed manufacturing overhead incurred during the year was $297,000. te requirements. i Requirements ement 1. Prepare a variance an y completing the table below fo 1. Prepare a variance analysis of fixed manufacturing overhead cost. 2. Is fixed overhead underallocated or overallocated? By what amount? 3. Comment on your results. Discuss the variances and explain what may be driving them. Actual Costs Incurred OH Print Done number in the edit fields and then click Check Answer. Check Answer Clear All ning