Hachine hours were used and ou uiculate the amount of over- or under V Question 5 (10 marks) heads incurred were $15,160. of under-applied overhead for the period? Keyline Ltd. Makes three products, budgete ucts, budgeted details of which are given below: Selling price Machine hours per unit Variable cost per unit $160 $200 $180 2 4 2 $60 $80 $90 Fixed cost $200,000 Expected sales (units) 100 500 400 Machine time available for the period is restricted to 2,000 hours. 1. Compute contribution per machine hour for each product (5 marks). 2. Compute the optimum profit for the Company