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Jerico Corporation produces mulch and distributes the product by using dump trucks. The company uses budgeted fleet hours to allocate variable manufacturing overhead. The following
Jerico Corporation produces mulch and distributes the product by using dump trucks. The company uses budgeted fleet hours to allocate variable manufacturing overhead. The following information pertains to the company's manufacturing overhead data:
Budgeted output units 710 truckloads
Budgeted fleet hours568 hours
Budgeted variable manufacturing overhead costs for 710 loads $87,756.00
Actual output units produced and delivered 635 truckloads
Actual fleet hours 468 hours
Actual variable manufacturing overhead costs $82,896.00
- What is the budgeted variable manufacturing overhead cost per unit?
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