Question: Jorison Products uses standard costing. It allocates manufacturing overhead both variable and fed) to produits on the basis of standard direct ma chung labor hours



Jorison Products uses standard costing. It allocates manufacturing overhead both variable and fed) to produits on the basis of standard direct ma chung labor hours (DUH Dick the icon to view additional information) The actual conts, compared with the (Click the icon to view the data) budget and 1/12 of the annual budget, are as fol 1. Calculate total manufacturing overhead costs allocate Begin by computing the budgeted hours per unit. Determine the formula, the compute the amount Budgeted hours per unit Now calculate the total manufacturing overhead (MOH costs allocated. Determine the forma, the complete the calculation Total MOH costs located For hems 2 brought complete the following ladies before calculong the remaining amares in the reginamere. Complete the table for variable MOH Actualimut Actual con Flexible Allocated Choose from a list or enter any number in the input holds and then connue to the best question. Read the requirement cated. etermine the form * More Info MOH) costs allocated Johnson Products develops its manufacturing overhead rate from the current annual budget. The manufacturing overhead budget for 2017 is based on budgeted output of 600,000 units, requiring 3,600,000 DLH. The company is able to schedule production uniformly thorughout the year. A total of 69,000 output units requiring 325,000 DLH was produced during May 2017 Manufacturing overhead (MOH) costs incurred for May amounted to $314,000. les before calculatin Art al input Print Done the input fields and then continue to the next question 2 4 of 4 (0 complete) i Data Table cates m acturing 2 of the ar allocate t. Determ Annual Manufacturing Overhead Budget 2017 Per Per DLH Monthly Actual MOH Total Output Input MOH Budget Costs for Amount Unit Unit May 2017 May 2017 Variable MOH Indirect manufacturing labor $ 360,000 $ 0.60 $ 0.10 $ 30,000 $ 30,000 Supplies 720,000 1.20 0.20 60,000 116,000 Fixed MOH Supervision 504,000 0.84 42,000 41,000 Utilities 576,000 0.96 0.16 48.000 64,000 756,000 1.26 0.21 63.000 63,000 Depreciation $ 2,916,000 $ 4.86 $ 243,000 $ 314,000 Total (MOH) 0.14 ables bef 0.81 $ Actu Print Done the inpu ocated. Determine the form i Requirement MOH) costs allocate Calculate the following amounts for Johnson Products for May 2017 1. Total manufacturing overhead costs allocated 2. Variable manufacturing overhead spending variance 3. Fixed manufacturing overhead spending variance 4. Variable manufacturing overhead efficiency variance 5. Production-volume variance Be sure to identify each variance as favorable (F) or unfavorable (U). les before calculatin Actual input Print Done the input fields and
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