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Lancelot Corporation manufactures tennis gear and uses budgeted machine-hours to allocate variable manufacturing overhead. The following information relates to the company's manufacturing overhead data: Budgeted
Lancelot Corporation manufactures tennis gear and uses budgeted machine-hours to allocate variable manufacturing overhead. The following information relates to the company's manufacturing overhead data:
Budgeted output units 8,000 units
Budgeted machine-hours 24,000 hours
Budgeted variable manufacturing overhead costs for 8,000 units $288,000
Actual output units produced 8,500 units
Actual machine-hours used 23,750 hours
Actual variable manufacturing overhead costs $250,000
What is the flexible-budget amount for variable manufacturing overhead?
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