Cooking Whiz manufactures premium food processors. The following are some manufacturing overhead data for Cooking Whiz for the year ended December 31, 2017:

Budgeted number of output units: 915
Planned allocation rate: 2 machine-hours per unit
Actual number of machine-hours used: 1,632
Static-budget variable manufacturing overhead costs: $76,860
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 produced
5. Actual number of output units
6. Actual number of machine-hours used per output unit

Transcribed Image Text:

Manufacturing OverheadActual Results Variable Fixed S 71,808 360,672 Flexible Budget $ 80,640 351,360 Allocated Amount S 80,640 368,640