= Homework: Chapter 8 Homework Question 16, 8-37 simi Pa 10 HN TN 15 O Ports: 001 Save Rada Santa 117.000000 Bugeted con te wendused to 12. The new 000 000 Requirements, preparedne vend the presentat per a contemplate the respected to put white GO TELE LE 000 Question 16, P8-37 (simi... Part 1 of 10 HW Score: 79.86%, 15. O Points: 0 of 1 Manufacturing overhead (both variable and fixed) is allocated to products on the basis of budgeted machine-hours achine-hour. The denominator level was 1,000,000 machine-hours. graph should display how Radiant, Inc.'s fixed manufacturing overhead costs will be depicted for the purposes of A Requirements 1. Prepare a graph for fixed manufacturing overhead The graph should display how Radiant, Inc's fixed manufacturing overhead costs will be depicted for the purposes of (a) planning and control and (b) inventory costing 2. Suppose that 1,075,000 machine-hours were allowed for actual output produced in 2017, but 1,000,000 actual machine hours were used. Actual manufacturing overhead was $11,500,000 variable, and $16,900,000, fixed. Compute (a) the variable manufacturing overhead spending and efficiency variances and (b) the fixed manufacturing overhead spending and production-volume variances 3. What is the amount of the under-or overallocated variable manufacturing overhead and the under-or overallocated fixed manufacturing overhead? Why are the flexible-budget vanance and the under-or overallocated overhead amount always the same for variable manufacturing overhead but rarely the same for fixed manufacturing overhead? 4. Suppose the denominator level was 850,000 rather than 1,000,000 machine-hours. What variances in requirement 2 would be affected? Recompute them Print Done = Homework: Chapter 8 Homework Question 16, 8-37 simi Pa 10 HN TN 15 O Ports: 001 Save Rada Santa 117.000000 Bugeted con te wendused to 12. The new 000 000 Requirements, preparedne vend the presentat per a contemplate the respected to put white GO TELE LE 000 Question 16, P8-37 (simi... Part 1 of 10 HW Score: 79.86%, 15. O Points: 0 of 1 Manufacturing overhead (both variable and fixed) is allocated to products on the basis of budgeted machine-hours achine-hour. The denominator level was 1,000,000 machine-hours. graph should display how Radiant, Inc.'s fixed manufacturing overhead costs will be depicted for the purposes of A Requirements 1. Prepare a graph for fixed manufacturing overhead The graph should display how Radiant, Inc's fixed manufacturing overhead costs will be depicted for the purposes of (a) planning and control and (b) inventory costing 2. Suppose that 1,075,000 machine-hours were allowed for actual output produced in 2017, but 1,000,000 actual machine hours were used. Actual manufacturing overhead was $11,500,000 variable, and $16,900,000, fixed. Compute (a) the variable manufacturing overhead spending and efficiency variances and (b) the fixed manufacturing overhead spending and production-volume variances 3. What is the amount of the under-or overallocated variable manufacturing overhead and the under-or overallocated fixed manufacturing overhead? Why are the flexible-budget vanance and the under-or overallocated overhead amount always the same for variable manufacturing overhead but rarely the same for fixed manufacturing overhead? 4. Suppose the denominator level was 850,000 rather than 1,000,000 machine-hours. What variances in requirement 2 would be affected? Recompute them Print Done