Lancelot Corporation manufactures tennis equipment and uses budgeted machine-hours to allocate variable manufacturing overhead.The following information relates
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Lancelot Corporation manufactures tennis equipment and uses budgeted machine-hours to allocate variable manufacturing overhead. The following information relates to the company's general manufacturing data:
Budgeted output units 8,000 units
Budgeted Machine-Hours 24,000 hours
Budgeted variable manufacturing overhead for 8,000 units $288,000
Actual output units produced 8,500 units
Actual machine-hours used 23,750 hours
Actual variable manufacturing overhead costs $250,000
What is the flexible budget amount for variable manufacturing overhead?
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0133138443
7th Canadian Edition
Authors: Srikant M. Datar, Madhav V. Rajan, Charles T. Horngren, Louis Beaubien, Chris Graham
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