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Standard machine-hours level of activity

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Reference no: EM132053264

What would the standard hours allowed for the actual production be for the following data?

Norwall Company's variable manufacturing overhead should be $1.20 per standard machine-hour and its fixed manufacturing overhead should be $81,744 per month.

The following information is available for a recent month:

a. The denominator activity of 31,440 machine-hours is used to compute the predetermined overhead rate.

b. At the 31,440 standard machine-hours level of activity, the company should produce 13,100 units of product.

c.The company's actual operating results were:

Number of units produced 14,120

Actual machine-hours 32,540

Actual variable manufacturing overhead cost $42,302

Actual fixed manufacturing overhead cost $82,900

Reference no: EM132053264

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