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Majestic Corporation Manufactures Wheel Barrows and Uses Budgeted Machine Hours

Question 38

Multiple Choice

Majestic Corporation manufactures wheel barrows and uses budgeted machine hours to allocate variable manufacturing overhead.The following information relates to the company's manufacturing overhead data:
 Majestic Corporation manufactures wheel barrows and uses budgeted machine hours to allocate variable manufacturing overhead.The following information relates to the company's manufacturing overhead data:    \begin{array}{ll} \text { Actual output units produced } & 47,500 \text { units } \\ \text { Actual machine-hours used } & 15,100 \text { hours } \\ \text { Actual variable manufacturing overhead costs } & \$ 387,518 \end{array}  What is the amount of the budgeted variable manufacturing overhead cost per unit? (Do not round any intermediary calculations.Round your final answer to the nearest cent. )  A) $8.91 B) $8.06 C) $8.80 D) $8.16
 Actual output units produced 47,500 units  Actual machine-hours used 15,100 hours  Actual variable manufacturing overhead costs $387,518\begin{array}{ll}\text { Actual output units produced } & 47,500 \text { units } \\\text { Actual machine-hours used } & 15,100 \text { hours } \\\text { Actual variable manufacturing overhead costs } & \$ 387,518\end{array}
What is the amount of the budgeted variable manufacturing overhead cost per unit? (Do not round any intermediary calculations.Round your final answer to the nearest cent. )


A) $8.91
B) $8.06
C) $8.80
D) $8.16

Correct Answer:

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