Comprehensive variance analysis Kitchen Whiz manufactures premium food processors. The following is some manufacturing overhead data for Kitchen Whiz for the year ended December 31, 2010:

Budgeted number of output units: 888

Planned allocation rate: 2 machine-hours per unit

Actual number of machine-hours used: 1,824

Static-budget variable manufacturing overhead costs: $71,040

Compute the following quantities (you should be able to do so in the prescribed order):

1. Budgeted number of machine-hours planned

2. Budgeted fixed manufacturing overhead costs per machine-hour

3. Budgeted variable manufacturing overhead costs per machine-hour

4. Budgeted number of machine-hours allowed for actual output produced

5. Actual number of output units

6. Actual number of machine-hours used per output unit

Transcribed Image Text:

Flexible Budget Manufacturing Overhead Actual Results Allo cated Amount Variable $ 76,608 $ 76,800 348,096 $ 76,800 Fixed 350,208 376,320