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The following information was taken from the annual manufacturing overhead cost budget of Bonita Industries. Variable manufacturing overhead costs $52850 Fixed manufacturing overhead costs
The following information was taken from the annual manufacturing overhead cost budget of Bonita Industries. Variable manufacturing overhead costs $52850 Fixed manufacturing overhead costs $28000 Normal production level in labor hours 23100 Normal production level in units 5775 Standard labor hours per unit 4 M During the year, 5600 units were produced, 18840 hours were worked, and the actual manufacturing overhead was $151200. Actual fixed manufacturing overhead costs equaled budgeted fixed manufacturing overhead costs. Overhead is applied on the basis of direct labor hours. Bonita's total overhead rate is
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