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Johnson Manufacturing uses standard costing. It allocates manufacturing overhead (both variable and fixed) to products on the basis of standard direct manufacturing labor-hours (DMLH). The
Johnson Manufacturing uses standard costing. It allocates manufacturing overhead (both variable and fixed) to products on the basis of standard direct manufacturing labor-hours (DMLH). The actual costs, compared with the annual budget and 1/12 of the annual budget, are as follows: (Click the icon to view the data.) More info Johnson develops its manufacturing overhead rate from the current annual budget. The manufacturing overhead budget for 2020 is based on budgeted output of 672,000 units, requiring 4,032,000 DMLH. The company is able to schedule production uniformly thorughout the year. A total of 67,000 output units requiring 318,000 DMLH was produced during August 2020. Manufacturing overhead (MOH) costs incurred for August amounted to $371,100. Johnson Manufacturing uses standard costing. It allocates manufacturing overhead (both variable and fixed) to products on the basis of standard direct manufacturing labor-hours (DMLH). (Click the icon to view additional information.) The actual costs, compared with the annual budget and 1/12 of the annual budget, are as follows: (Click the icon to view the data.) Read the requirement. 1. Calculate total manufacturing overhead costs allocated. Begin by computing the budgeted hours per unit. Determine the formula, then compute the amount. Johnson Manufacturing uses standard costing. It allocates manufacturing overhead (both variable and fixed) to products on the basis of standard direct manufacturing labor-hours (DMLH). The actual costs, compared with the annual budget and 1/12 of the annual budget, are as follows: (Click the icon to view the data.) More info Johnson develops its manufacturing overhead rate from the current annual budget. The manufacturing overhead budget for 2020 is based on budgeted output of 672,000 units, requiring 4,032,000 DMLH. The company is able to schedule production uniformly thorughout the year. A total of 67,000 output units requiring 318,000 DMLH was produced during August 2020. Manufacturing overhead (MOH) costs incurred for August amounted to $371,100. Johnson Manufacturing uses standard costing. It allocates manufacturing overhead (both variable and fixed) to products on the basis of standard direct manufacturing labor-hours (DMLH). The actual costs, compared with the annual budget and 1/12 of the annual budget, are as follows: (Click the icon to view the data.) More info Johnson develops its manufacturing overhead rate from the current annual budget. The manufacturing overhead budget for 2020 is based on budgeted output of 672,000 units, requiring 4,032,000 DMLH. The company is able to schedule production uniformly thorughout the year. A total of 67,000 output units requiring 318,000 DMLH was produced during August 2020. Manufacturing overhead (MOH) costs incurred for August amounted to $371,100. Johnson Manufacturing uses standard costing. It allocates manufacturing overhead (both variable and fixed) to products on the basis of standard direct manufacturing labor-hours (DMLH). (Click the icon to view additional information.) The actual costs, compared with the annual budget and 1/12 of the annual budget, are as follows: (Click the icon to view the data.) Read the requirement. 1. Calculate total manufacturing overhead costs allocated. Begin by computing the budgeted hours per unit. Determine the formula, then compute the amount. Johnson Manufacturing uses standard costing. It allocates manufacturing overhead (both variable and fixed) to products on the basis of standard direct manufacturing labor-hours (DMLH). The actual costs, compared with the annual budget and 1/12 of the annual budget, are as follows: (Click the icon to view the data.) More info Johnson develops its manufacturing overhead rate from the current annual budget. The manufacturing overhead budget for 2020 is based on budgeted output of 672,000 units, requiring 4,032,000 DMLH. The company is able to schedule production uniformly thorughout the year. A total of 67,000 output units requiring 318,000 DMLH was produced during August 2020. Manufacturing overhead (MOH) costs incurred for August amounted to $371,100
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