P8-39 (book/static) Wilton Products uses standard costing the manufacturing overhead both variable and feeds to products on the basis of standard direct manufacturing laborou DUH Cok the loon to view adalonal Information) The actual cos, compared with the budget and the budget are so Click the icon to view the More info 1. Call total arutacturing overhead coad Begin by computing budged hours per unit. Denne for the compute the amount Budowed Budgeted hours per 672.000 Now close the manucuring wheed ( MH) coated Determine the form the complete the action Total MOH rate Total MOHow who 72,000 36.400 Fortore 2 Drough complete the following is before coloring the remaining amounts in the requirement Complete the wet waratie MOH Actual input Actual costs Allocated med budgeted budget overhead V MOH 201.000 160,500 5 180.000 80.000 Wilson Product developing ved from the current budget. The manufacturing overhead but for 2017 is based on budgeted output of 62.000 3.360.000 DH The company is able to che production formy thoughout the year of 72.000 321,000 DLH was produced during May 2017 Manufacturing ved MOH) concured for Mayamoto 5355,800 Prime Done Data Table Newcome table for fred MOH Same budgeted lumpsum regardless of level Flexible Allocated overhead incurred Fleed MOH Annual Manufacturing Overhead Budget 2017 Per Per DLN Month Output Input MOH Budget Ces Amon Unit Una Variable MOH Indirect marfacturing bor 1,000,000 $150 34000 Supplies 672.000 100 0.20 Faed OH 5.11.200 0.17 100 55.000 Depreciation 705 600 105 0.21 4955 277.2005 Requirement Calculate the folowing amounts for Wision Products for May 2017 1. Toing whead coated 2. Variable manufacturing overhead spending variance 3.Featuring a spending variance 4. Variable maluring overhead officiency ance 8. Production-volume variance Be sure to yeach variance for voru Print Done Entry uber in the fields and then click Che Print Done HW Score: 8.57 of 20 pts 5 of 55.com P8-39 (book/static) Wion Products and costing to mastering overhead hable and feed to products on the basis of anderd direct The loss, compared with the budget and 12 of the budget restos muntacturing bor hours (DLHI Click the con lo view the data) Co the contowwaditional information) Read the More info Wison Product developed manufacturing over to the current budget. The manufacturing overhead budget for 2017 is based on budgeted output of 672.000.000 DLR. The company is able to schedule production for thoughout the year. A tot 12.000 euring 321000 DLH was pred during May 2017 Manufacturing overhead (OH costs incurred for May amounted to 5355.000 Done 1. Calculate total alcung vereados located. Begin by computing the budgeted hours per unit Determine the formula then compute the amount BOL Budgeted units Budgeted house 3,500,000 672.000 Now calculate the naturvetead (OH) located. Determine the formule, the complete he calculation Budgeted hrs per unit Total MOH Total MOH costs located 72.000 For her through complete the following able before calculating the remaining words in the requirement Complete the wole torbe MOH Actual input Actuals Flexible Allocated Incurred budgetedrale bused overhead Varia MOH 201.000 160.500 180.000 180.000 Next complete new for teed MOH. Same bude Lumpsum Actual costa regardless of Flowe Allocated incurred output level budget overhead Read MOH 0 Data Table Annual Manufacturing Overhead Budget 2017 Per Per DLR Actual MOH Output Input MOH Bugat Costs to Amount Unit Unit May 2017 Variable MOH Indirect manufacturing labor $ 1.000.000 $ 150 0.305 DOO 84.000 So 672.000 100 58.000 Feed MOH Supervision 571200 0.85 600 0.11 3000 55.000 Depreciation 705.000 105 0.21 Total 277,200 $ Requirement Calculate the following amounts for Wison Products to May 2017 1. Total manufacturing overhead costs wild 2. Variable manufacturing overhead spending variance 3. Fored manufacturing overhead spending variance 4. Variable manufacturing overhead efficiency variance 3. Production-volume variance Be sure to identify each variance as favorable For unfavorable (U). Done Enter any number in the edit fields and then click Che 4. Done Score: 8.57 of 20 pts 5 of completa P8-39 (book/static) Wilson Products as standard conting allocate manufacturing overhead on variable and freed) to products on the basis of standard direct The compared with the budget and 1/12 of the budget, are as fotos mandag bor hours Click the con to view the data) e conto del formation Read the rement More info 1. Calle total manufacturing overhead consected Begin by computing the budgeted hours per unit Determine the form the compute the amount Budgeted CH Budged units Budgeted hours per una 30.000 672.000 Now we the manufacturing overhead (MCH) costs allocated Determine the form, then complete the action. Buddhrs per To How located Wilson Product develop tacturing overhead rate from the budget. The manufacturing overhead budget for 2017 based on budged of 672.000 seguiring 360.000 DLH The company is able to schedule production for thoughout the year. As of 12.000 output is requiring 321,000 DLHwas produced during May 2017 Marching head (MOHO continued for May mounted to $355.800 Done Data Table For me through complete the following this treating the remaining amounts in the requirement Complete the table for variable MOH Actual input Actual costs Allocated incurred budgeted rate budget overhead Variable MOH 201,000 $ 100 500 180.000 Next complete the table for faxed MOH Same budgeted lumpsum regardless of Flexible Allocated output level budget overhead FMOK Amount Annual Manufacturing Overhead Budget 2017 Per Per DLH Marthy Actu MOH Total Output Input Costs for Unit May 2017 May 2017 MOH Indirect maringo 1.005.000 1503 0301 54.000 5 1.000 Supplies 100 56.000 117 000 Fixed MOH $11.200 0.85 0.17 47,000 41 000 300.000 056 65.000 TOS 600 Deprecio 0.21 38300 SANDO 13.2.40014953 355 800 Requirement Calculate the following amounts for Win Products for May 2017 1. To manufacturing overhead consecuted 2. Valentinovo spending variance 3. Fund manufacturing overhead spending variance 4. Variable during overhedeny variance 5. Production volume ance Be sure to identify each variance as favorable) or until Print Done Enter any number in the ends and then click Ch parte Done har WP8-39 (book/static) Wilson 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.) 5 5 1. Calculate total manufacturing overhead costs allocated. Begin by computing the budgeted hours per unit. Determine the formula, then compute the amount. Budgeted DLH Budgeted units Budgeted hours per unit 3,360,000 672,000 Now calculate the total manufacturing overhead (MOH) costs allocated. Determine the formula, then complete the calculation Budgeted hrs per unit Actual units Total MOH rate = Total MOH costs allocated 72,000 0.99 356,400 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 201,000's 160,500 $ 180,000 $ 180,000 Next complete the table for fixed MOH. Same budgeted lump sum regardless of Flexible Allocated output level budget Variable MOH Actual costs incurred overhead Fixed MOH 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. 0 More Info Wilson Products develops its manufacturing overhead rate from the current annual budget. The manufacturing overhead budget for 2017 is based on budgeted output of 672,000 units, requiring 3,360,000 DLH. The company is able to schedule production uniformly thorughout the year. A total of 72,000 output units requiring 321,000 DLH was produced during May 2017 Manufacturing overhead (MOH) costs incurred for May amounted to $355,800. Print Done DH 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 Variable MOH 0.30 $ 84,000 84,000 $ 56,000 0.20 117,000 0.17 41,000 Indirect manufacturing labor $ 1,008,000 $ 1.50 $ Supplies 672,000 1.00 Fixed MOH Supervision 571,200 0.85 Utilities 369,600 0.55 705,600 1.05 Depreciation $ 3,326,400 $ 4.95 $ Total 0.11 0.21 47,600 30,800 58,800 55,000 58,800 0.99 $ 277,200 $ 355,800 Print Done Requirement Calculate the following amounts for Wilson Products for May 2017: 1. Total manufacturing overhead costs allocated 2. Variable manufacturing overhead spending variance 3. Fixed manufacturing overhead spending variance 4. Variable manufacturing overhead efficiency variance 5. Production-volume variance Be sure to identify each variance as favorable (F) or unfavorable (U). Print Done