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Grant Manufacturing uses standard costing. It allocates manufacturing overhead (both variable and fixed) to products on the basis of standard direct manufacturing labor-hours (DMLH). The

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Grant Manufacturing uses standard costing. It allocates manufacturing overhead (both variable and fixed) to products on the basis of standard direct manufacturing labor-hours (DMLH). The actual costs, compared with the annual budget and 1/12 of the annual budget, are as follows: (Click the icon to view the data.) nt. More info Grant develops its manufacturing overhead rate from the current annual budget. The manufacturing overhead budget for 2020 is based on budgeted output of 576,000 units, requiring 2,304,000DMLH. The company is able to schedule production uniformly thorughout the year. A total of 46,000 output units requiring 193,200 DMLH was produced during August 2020. Manufacturing overhead (MOH) costs incurred for August amounted to $329,100. the amount. hours per unit 4 ormula, then complete the Total MOH costs allocated S 266,800 pounts in the requirement. Grant Manufacturing uses standard costing. It allocates manufacturing overhead (both variable and fixed) to products on the basis of standard direct manufacturing labor-hours (DMLH). (Click the icon to view additional information.) The actual costs, compared with the annual budget and 1/12 of the annual budget, are as follows: (Click the icon to view the data.) Read the requirement. Begin by computing the budgeted hours per unit. Determine the formula, then compute the amount. Now calculate the total manufacturing overhead (MOH) costs allocated. Determine the formula, then complete the calculation. For items 2 through 5 , complete the following tables before calculating the remaining amounts in the requirement. Complete the table for variable MOH. Grant Manufacturing uses standard costing. It allocates manufacturing overhead (both variable and fixed) to products on the basis of standard direct manufacturing labor-hours (DMLH). (Click the icon to view additional information.) The actual costs, compared with the annual budget and 1/12 of the annual budget, are as follows: (Click the icon to view the data.) Read the requirement. Data table

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