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Johnson Products uses standard costing It allocates The actual costs, compared with the annual budget and 1/12 of manufacturing overhead (both variable and fixed) to

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Johnson Products uses standard costing It allocates The actual costs, compared with the annual budget and 1/12 of manufacturing overhead (both variable and fixed) to products on the annual budget, are as follows the basis of standard direct manufacturing labor-hours (DLH) Click the icon to view the data) (Click the icon to view additional information) 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 Budgeted hours per unit Now calculate the total manufacturing overhead (MOH) costs allocated. Determine the formula, then complete the calculation Total MOH costs allocated X For items 2 through 5, complete the following tables before calculating the remaining amounts in the requirement Complete the table for variable MOH Actual Input Actual costs Flexible Allocated incurred budgeted rate budget overhead Vanablo MOH Next complete the table for fixed MOH computing - X i More Info lculate the calculation Johnson Products develops its manufacturing overhead rate from the current annual budget. The manufacturing overhead budget for 2017 is based on budgeted output of 612,000 units, requiring 3,672,000 DLH The company is able to schedule production uniformly thorughout the year. A total of 69.000 output units requiring 320,000 DLH was produced during May 2017 Manufacturing overhead (MOH) costs incurred for May amounted to $352,400 costs allocated ms 2 through or variable M Complete the Print Done Actual CODIS TextDre Allocated Variable MOH Next complete the table for fixed MOH Same budgeted lump sum Actual costs regardless of Flexible Allocated incurred output level budget overhead D Fixed MOH Now calculate the remaining listed amounts for Johnson Products for May 2017. Be sure to identity each variance as favorable (F) or unfavorable (U) 2. The variable manufacturing overhead spending variance is 3. The fixed manufacturing overhead spending variance is 4. The variable manufacturing overhead efficiency variance is 6. The production-volume variance is Johnson Products uses standard costing. It allocates manufacturing overhead (both variable and fixed) to products on the basis of standard direct manufacturing labor hours (DLH) (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 Budgeted hours per unit Now calculate the total manufacturing overhead (MOH) costs allocated Determine the formula then complete the calculation Total MOH costs allocated For items 2 through 5, complete the following tables before calculating the remaining amounts in the requirement Complete the table for variable MOH. Actual input Actual costs Flexible Allocated incurred budgeted rate budget overhead Vanable MOH Next complete the table for fixed MOH ng - * More Info calcul Eosts al Johnson Products develops its manufacturing overhead rate from the current annual budget. The manufacturing overhead budget for 2017 is based on budgeted output of 612,000 units, requiring 3,672,000 DLH. The company is able to schedule production uniformly thorughout the year. A total of 69,000 output units requiring 320,000 DLH was produced during May 2017 Manufacturing overhead (MOH) costs incurred for May amounted to $352,400 Compl agh MI Print Done Actual COSTS FTexible Allocated Data Table Actual MOH Annual Manufacturing Overhead Budget 2017 Per Per DLH Monthly Total Output Input MOH Budget Amount Unit Unit May 2017 Costs for May 2017 191,800 0.30 $ 0.20 91,800 $ 61,200 led 118000 Variable MOH Indirect manufacturing labor $ 1,101,600 $ 1.80 $ Supplies 734,400 120 Fixed MOH Supervision 624,240 1.02 Utilities 477,360 0.78 Depreciation 367 200 0.60 $ 3,304 800 $ 5.40 S Total he m ol 0.17 0.13 0.10 52,020 39,780 30,600 275,400 $ 50,000 62,000 30 600 352.400 0.90 $ ble Print Done CO se from any list or enter any number in the input fields and then continue to the next question, Actual input X Flexible Allocated Actual costs incurred budgeted rate budget overhead Variable MOH Next complete the table for fixed MOH Same budgeted lump sum regardless of output level Actual costs Allocated Flexible budget incurred overhead Fixed MOH Now calculate the remaining listed amounts for Johnson Products for May 2017 Be sure to identify eash variance as favorable (F) or unfavorable (U) 2. The variable manufacturing overhead spending variance is 3. The fixed manufacturing overhead spending variance is The standartinichinin 2 Chance from any liet center any number in the input fields and then continue to the next question incurred budgeted rate budget overhead Variable MOH Next complete the table for fixed MOH Same budgeted lump sum regardless of output level Actual costs Flexible Allocated incurred budget overhead Fixed MOH Now calculate the remaining listed amounts for Johnson Products for May 2017. Be sure to identify each variance as (F) or unfavorable (u), I 2. The variable manufacturing overhead spending variance is 3. The fixed manufacturing overhead spending variance is 4. The variable manufacturing overhead efficiency variance is 5. The production volume variance is

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