I have two cost accounting questions: 1. Comprehensive variance analysis. Kitchen Whiz manufactures premium food processors. The following is some manufacturing overhead data for Kitchen Whiz for the year ended December 31, 2010: Actual Results Flexible Budget Allocated Amount Variable costs $76,608 $76,800 $76,800 Fixed costs 305,208 348,096 376,320 Budgeted number of output units: 888 Planned allocation rate: 2 machine-hours per unit Actual number of machine-hours used: 1,824 Static-budget variable manufacturing overhead costs: $71,040 **Compute the following quantities in the prescribed order** - Budget number of machine hours planned -Budgeted fixed manufacturing overhead costs per machine hour -Budget variable manufacturing overhead costs per machine hour -Budgeted number of machine-hours allowed for actual output produced. -Actual number of output units. -Actual number of machine-hours used per output unit. 2. Balanced scorecard and strategy. Dransfield Company manufactures an electronic component, ZP98. This component is significantly less expensive than similar products sold by Dransfields competitors. Order-processing time is very short; however, approximately 10% of products are defective and returned by the customer. Returns and refunds are handled promptly. Yorunt Manufacturing, Dransfields main competitor, has a higher priced product with almost no defects, but a longer order-processing time. -Draw a simple customer preference map for Dransfield and Yorunt using the attributes of price, quality, and delivery time. -Is Dransfields current strategy that of product differentiation or cost leadership? -Dransfield would like to improve quality without significantly increasing costs or order- processing time. Dransfields managers believe the increased quality will increase sales. What elements should Dransfield include in its balanced scorecard? -Draw a strategy map to explain cause-and-effect relationships in Dransfields balanced scorecard