Question
Gadget Dice manufactures premium food processors. The following are some manufacturing overhead data for Gadget Dice for the year ended December 31, 2018. (Click the
Gadget Dice manufactures premium food processors. The following are some manufacturing overhead data for Gadget Dice for the year ended December 31, 2018. (Click the icon to view the data.) Required Requirement 1. Calculate the budgeted number of machine-hours planned. The budgeted number of machine-hours planned is machine-hours. Requirement 2. Calculate the budgeted FMOH costs per machine-hour. (Round your answer to the nearest cent.) Data The budgeted FMOH costs amount per machine-hour is $ Requirement 3. Calculate the budgeted VMOH costs per machine-hour. (Round your answer to the nearest cent.) The budgeted VMOH costs amount per machine-hour is $ Requirement 4. Calculate the budgeted number of machine-hours allowed for actual output achieved. (Round your answer to two decimal places.) The budgeted number of machine-hours allowed for actual output produced is machine-hours. Requirement 5. Calculate the actual number of output units. (Round your answer to the nearest unit.) The actual number of output units is units. Requirement 6. Calculate the actual number of machine-hours used per output unit. (Round your answer to one decimal place.) The actual number of machine-hours used per output unit is machine-hours. Manufacturing Overhead Variable Fixed Actual Flexible Amount Results Budget Allocated $ 110,236 $ 76,800 $ 76,800 350,210 348,096 Budgeted number of output units: 890 Planned allocation rate: 3 machine-hours per unit Actual number of machine-hours used: 2,690 375,685 Static-budget variable manufacturing overhead costs: $71,160 Print Done
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