Harrison Products uses standard costing. It allocates manufacturing overhead (both variable and fixed) to products on the basis of standard drect manufacturing labor-hours (DLH). Harrison Products develops its manufacturing overhead rate from the current annual budget The manufacturing overhead budget for 2014 is based on budgeted output of 636,000 units, requiring 3,816,000 DLH. The company is able to schedule production uniformly thorughout the year, A total of 71,000 output units requiring 322,000 DLH was produced during May 2014. Manufacturing overhead (MOH) costs incurred for May amounted to $397,260. 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 1. Calculate total manufacturing overhead costs allocated Begin by computing the budgeted hours per unit. Determine the formula, then compute the amount. Budgeted hours per unit Now calculate the total manufacturing overhead (MOH) costs allocated. Determine the formula, then complete the calculation. s Total MOH costs allocated For items 2 through 5, e MOH Data Table Variable MOH Annual Manufacturing Overhead Budget 2014 Per Per DLH Monthly Actual MOH Next complete the Total Output MOH Budget Costs for Amount Unit Unit May 2014 May 2014 Variable MOH 1,144,800S 1.80 0.30 $ 95,400 $ Indirect manufacturing labor Supplies 95,400 763,200 120 0.20 63,600 113,000 Fixed MOH Fixed MOH Now calculate the 34,240 0.84 19,760 0.66 1,030,320 1.62 0.14 44,520 34,980 85,860 324,360 S 41,000 62,000 85,860 397,260 Utilities 2. The variable 3. The fixed 4. The variable 5. The 0.27 $ 3,892,320 S 6.12 S 102 $ Total Print Done Choose from any list or enter any number in the input fields and then continue to the next