Kitchen Whiz manufactures premium food processors. The following is some manufacturing overhead data for Kitchen Whiz for the year ended December 31, 2013.

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
REQUIRED
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 achieved.
5. Actual number of output units.
6. Actual number of machine-hours used per output unit.

Transcribed Image Text:

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