Question

Chef Whiz manufactures premium food processors. The following are some manufacturing overhead data for Chef Whiz for the year ended December 31, 2014:


Budgeted number of output units: 588
Planned allocation rate: 3 machine- hours per unit
Actual number of machine- hours used: 1,170
Static- budget variable manufacturing overhead costs: $ 72,324
Compute the following quantities (you should be able to do so in the prescribed order):

Rqeuired
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 outputunit


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  • CreatedMay 14, 2014
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