Lancelot Corporation manufactures tennis gear and uses budgeted machine-hours to allocate variable manufacturing overhead.The following information relates to the company's manufacturing overhead data:

$\begin{array}{ll}
\text { Actual output units produced } & 8,500 \text { units } \
\text { Actual machine-hours used } & 23,750 \text { hours } \
\text { Actual variable manufacturing overhead costs } & \$ 250,000
\end{array}$
What is the flexible-budget amount for variable manufacturing overhead?

Question

Lancelot Corporation manufactures tennis gear and uses budgeted machine-hours to allocate variable manufacturing overhead.The following information relates to the company's manufacturing overhead data:

$\begin{array}{ll}
\text { Actual output units produced } & 8,500 \text { units } \
\text { Actual machine-hours used } & 23,750 \text { hours } \
\text { Actual variable manufacturing overhead costs } & \$ 250,000
\end{array}$
What is the flexible-budget amount for variable manufacturing overhead?

Quizplus · Accepted Answer

The Answer of Lancelot Corporation manufactures tennis gear and uses budgeted machine-hours to allocate variable manufacturing overhead.The following information relates to the company's manufacturing overhead data:

$\begin{array}{ll}
\text { Actual output units produced } & 8,500 \text { units } \
\text { Actual machine-hours used } & 23,750 \text { hours } \
\text { Actual variable manufacturing overhead costs } & \$ 250,000
\end{array}$
What is the flexible-budget amount for variable manufacturing overhead?

Lancelot Corporation Manufactures Tennis Gear and Uses Budgeted Machine-Hours to Allocate