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Problem 2 (12 points) EZZON Corporation manufactures industrial-sized gas furnaces and uses budgeted machine hours to allocate variable manufacturing overhead. The following information relates to

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Problem 2 (12 points) EZZON Corporation manufactures industrial-sized gas furnaces and uses budgeted machine hours to allocate variable manufacturing overhead. The following information relates to the company's manufacturing overhead data: Budgeted output units Budgeted machine-hours Budgeted variable manufacturing overhead costs for 16,585 hours 31,000 units 16,585 hours $348,285 Actual output units produced Actual machine-hours used Actual variable manufacturing overhead costs 33,000 units 14,400 hours $384,000 Required: 1). What is the flexible-budget amount for variable manufacturing overhead? (4 marks) 2) What is the flexible-budget variance for variable manufacturing overhead? (5 marks) 3) What is the amount of the budgeted variable manufacturing overhead cost per unit

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