Jackson Products uses standard costing. It allocates manufacturing overheadThe actual costs, compared with the annual budget and 1/12 of the annual budget (both variable and fixed) to products on the basis of standard direct manufacturing are as follows labor-hours (DLH). EE(Click the icon to view the data.) Read the requirement (Click the icon to view additional information) incurred budgeted rate budget overhead 2214001| 160000 2010000| 2010000 Variable MOH Next complete the table for fixed MOH Same budgeted lump sum Actual costs regardless of Flexible budget Allocated overhead incurred output level 175080 174000 17400 201000 Fixed MOH Now calculate the remaining listed amounts for Jackson Products for May 2017. Be sure to identify each variance as favorable (F) or unfavorable (U) 2. The variable manufacturing overhead spending variance is61400 U 3. The fixed manufacturing overhead spending variance is 4 The variable manufacturing overhead efficiency variance is 1850000 F 5. The production-volume variance is 18360001 F 080 U Choose from any list or enter any number in the input fields and then continue to the next question. /12 of the annual budget uses s fixed) Data Table to Annual Manufacturing Overhead Budgot 2017 manufa ng the b DLH Per Per DLH Monthly Actual MOH Total Output Input MOH Budget Costs for Amount Unit Unit May 2017 May 2017 Variable Indirect manufacturing labor $ 1,252,800 $ 1.80 0.30 104,400 $ 104,400 Supplies e total m 835,200 1.20 0.20 69,600 117,000 d units Fxed MOH 41,000b 501,120 0.72 709,920 1.02 0.1 876,960 1.26 41,760 59,160 73,080 0.12 gh 5, coSupervision le MOH. Utilities 61,000 73,080 0.21 Depreciation 4,176,000 $ 6.00 S 1.00S 348,000 396,480 Total UIE Print Done y list or om Jackson Products uses standard costing. It allocates manufacturing overheadThe actual costs, compared with the annual budget and 1/12 of the annual budget (both variable and fixed) to products on the basis of standard direct manufacturing are as follows labor-hours (DLH). EE(Click the icon to view the data.) Read the requirement (Click the icon to view additional information) incurred budgeted rate budget overhead 2214001| 160000 2010000| 2010000 Variable MOH Next complete the table for fixed MOH Same budgeted lump sum Actual costs regardless of Flexible budget Allocated overhead incurred output level 175080 174000 17400 201000 Fixed MOH Now calculate the remaining listed amounts for Jackson Products for May 2017. Be sure to identify each variance as favorable (F) or unfavorable (U) 2. The variable manufacturing overhead spending variance is61400 U 3. The fixed manufacturing overhead spending variance is 4 The variable manufacturing overhead efficiency variance is 1850000 F 5. The production-volume variance is 18360001 F 080 U Choose from any list or enter any number in the input fields and then continue to the next question. /12 of the annual budget uses s fixed) Data Table to Annual Manufacturing Overhead Budgot 2017 manufa ng the b DLH Per Per DLH Monthly Actual MOH Total Output Input MOH Budget Costs for Amount Unit Unit May 2017 May 2017 Variable Indirect manufacturing labor $ 1,252,800 $ 1.80 0.30 104,400 $ 104,400 Supplies e total m 835,200 1.20 0.20 69,600 117,000 d units Fxed MOH 41,000b 501,120 0.72 709,920 1.02 0.1 876,960 1.26 41,760 59,160 73,080 0.12 gh 5, coSupervision le MOH. Utilities 61,000 73,080 0.21 Depreciation 4,176,000 $ 6.00 S 1.00S 348,000 396,480 Total UIE Print Done y list or om