Solution-Solve budgeted fmoh costs per machine-hour

Solve budgeted fmoh costs per machine-hour

Assignment Help Managerial Accounting

Reference no: EM132577530

COMPREHENSIVE VARIANCE ANALYSIS. Magic Dice manufactures premium food processors. The following is some manufacturing overhead data for Magic Dice for the year ended December 31, 2018.

Manufacturing Overhead Actual Results Flexible Budget Amount Allocated

Variable $ 76,608 $ 76,800 $ 76,800

Fixed 350,208 348,096 376,320

Budgeted number of output units: 888
Planned allocation rate: 3 machine-hours per unit
Actual number of machine-hours used: 1,824
Static-budget variable manufacturing overhead costs: $71,040

Required

Question 1: Calculate the following quantities (you should be able to do so in the prescribed order):

Budgeted number of machine-hours planned.
Budgeted FMOH costs per machine-hour.
Budgeted VMOH costs per machine-hour.
Budgeted number of machine-hours allowed for actual output achieved.
Actual number of output units.
Actual number of machine-hours used per output unit.

Reference no: EM132577530

Questions Cloud

How many orders should make in a year : Advise Mr. Litali on how many orders he should make in a year. 27/06/2020 1,100 chipsets were acquired at Kshs 4,000 per unit

Appropriate finance theories : Researchers document significant first trading day share price increases in a large sample of initial public offerings

Malware protection procedure guide : What does "malware free" mean? How can a user demonstrate that their computer or device is malware free? Ensuring anti-malware software and data is up to date.

Analyze the importance of school cultural theory : A school cultural theory has been one of the significant measures utilized in the learning institution. Analyze the importance of school cultural theory

Solve budgeted fmoh costs per machine-hour : Solve Budgeted FMOH costs per machine-hour. Budgeted VMOH costs per machine-hour. Budgeted number of machine-hours allowed for actual output achieved.

Stock performance based on sharpe measure : You are assigned to evaluate the performance of the QAC stock. You collect the past data on the risk-free assets, the stock

What is the project modified irr : Timco's CEO attended a conference and heard about the modified IRR. He decides that this is what the company should use to analyze projects

Compare features of a staff model hmo to a group model hmo : Compare and contrast the features of a Staff Model HMO to a Group Model HMO. Define which features of these HMOs would appeal to a physician employed by the HMO

Analyze the accessibility to Health Care : Analyze the accessibility to Health Care, Legal Aid, Financial Education and Opportunities in the community

User Account

All Pages

Solve budgeted fmoh costs per machine-hour

Reference no: EM132577530

Reference no: EM132577530

Questions Cloud

Reviews

Write a Review

Managerial Accounting Questions & Answers

Manage budgets and financial plans

Prepare a retained earnings statement

Prepare a master budget for the three-month period

Construct the companys direct labor budget

Evaluate the predetermined overhead rate

Determine the company''s bid

Compute the pool rates for the different activities

Prepare Company financial statements

Prepare an analysis of terracycles

Discuss the ethical issues

Political resources in emerging markets

Management accounting - ehsan electronics company

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT