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Only the variable MOH and fixed MOH questions need answers

Martin Products uses standard costing. It allocates manufacturing overhead (both variable and fixed) to products on the basis of standard direct manufacturing labor-hours (DLH). (Click the icon to view additional information.) More Info Martin Products develops its manufacturing overhead rate from the current annual budget. The manufacturing overhead budget for 2017 is based on budgeted output of 624,000 units, requiring 3.744,000 DLH. The company is able to schedule production uniformly thorughout the year. A total of 73,000 output units requiring 318,000 DLH was produced during May 2017 Manufacturing overhead (MOH) costs incurred for May amounted to $402.980. The actual costs, compared with the annual budget and 1/12 of the annual budget are as follows: (Click the icon to view the data.) Read the requirement. Data Table Actual MOH Annual Manufacturing Overhead Budget 2017 Per Per DLH Monthly Total Output Input MOH Budget Amount Unit Unit May 2017 Costs for May 2017 Variable MOH $ 1,123,200 $ 1.80 S 0.30 $ 93,600 $ 93.600 Indirect manufacturing labor Supplies Fixed MOH 748.800 1.20 0.20 62,400 114,000 Supervision 599,040 0.96 49,020 0.16 0.15 Utilities 0.90 561,600 1,048,320 46.800 87,360 49,000 59,000 87,360 1.68 0.28 Depreciation $ 4,080,950 $ 8.54 S 1.09 S 340.080 S 402.960 Total 6 1. Calculate total manufacturing overhead costs allocated. Begin by computing the budgeted hours per unit. Determine the formula, then compute the amount. Budgeted DLH Budgeted units Budgeted hours per unit 3,744.000 624,000 Now calculate the total manufacturing overhead (MOH) costs allocated. Determine the formula, then complete the calculation. Budgeted hrs per unit Actual units Total MOH costs allocated 73,000 477.420 For items 2 through 5, complete the following tables before calculating the remaining amounts in the requirement. Complete the table for variable MOH. Total MOH rate 6 1.09 = $ Actual input Actual costs Flexible Allocated incurred budgeted rate budget overhead Variable MOH Next complete the table for fixed MOH. Same budgeted lump sum regardless of output level Flexible Allocated Actual costs incurred budget overhead Fixed MOH