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Wilson Products uses standard costing. It allocates manufacturing overhead (both variable and faed) to products on the basis of standard direct manufacturing labor-hours (DLH) Click

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Wilson Products uses standard costing. It allocates manufacturing overhead (both variable and faed) to products on the basis of standard direct manufacturing labor-hours (DLH) Click the lcon to view additional information.) The actual costs, compared with the annual budget and 1/12 of the annual budget, are as follows E(Cick the icon to view the data.) Read the requirement 1. Calculate total manufacturing overhead costs alocated Begin by computing the budgeted hours per unit. Determine the formula, then compute the amount Actual DLH Budgeted units Budgeted hours per unit 360000 Now cakculate the total manufacturing overhead (MOH) costs allocated. Determine the formula, then complete the calculaion Budgeted units Total MOH costs allocated x Total MOH rate Actual units 356400 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 Allocated Flexible Actual costs budget overhead budgeted rate incurred Variable MOH Next complete the table for foxed MOH Same budgeted lump sum Allocated Flexible regardless of Actual costs overhead budget output level incurred Fixed MOH Now calculate the remaining isted amounts for Wilson Products for May 2017. Be sure to idenafy each variance as favorable (F) or unfavorable (U). Choose from any list or enter any number in the input fields and then continue to the next question 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.Trhe 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

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