Question

Wilson Products uses standard costing. It allocates manufacturing overhead (both variable and fixed) to products on the basis of standard direct manufacturing labor-hours (DLH). The actual costs, compared with the annual budget and 1/12 of the annual budget, are as follows: El (Click the icon to view the data.) More Info Requirement Wilson Products develops its manufacturing overhead rate from the current annualCalculate the following amounts for Wilson Products for May 2017 for 2017 is based on budgeted out1. Total manufacturing overhead costs allocated of 672,000 units, requiring 3,360,000 DLH. The company is able to schedule production uniformly thorughout the year. A total of 72.000 output units requiring 21,000 DLH was produced during May 2017 Manufacturing overhead (MOH) costs incurred for May amounted to $355,800 2 Variable manufacturing overhead spending variance 3. Fixed manufacturing overhead spending variance 4. Variable manufacturing overhead ofliciency variance 5. Production-volume variance Be sure to identify each variance as favorable (F) or unfavorable (U) Print Done Print Done Actual input Actual costs Flexible Allocated

Answer 1

ving overhiod Spendiv^ vavonce $450 aniante 주 17,600 U H variaHe ma rin9 over aviance 19,500 F Prdulion-yolume 9-uolume variance= 39, Loof 32000 un:yx3,360,00 672 ρ00): 360,000 672,000) 360,000 h Totol Mott alloabl = 3601000 50:30 + 0.20) ģe.ar o. H + 홀034) 132,200 tual variaue marufactiin overhead- $ol 000 G 84000 x 후 1구1000 000+5880)

ovir Acunl nau g리 ı ooox o.SD x $OSD) 36o0oox o.SD U&oooo ardlew ardly of our Lewt 13,200 t 1%,400