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Healthy Earth Products Inc. produces fertilizer and distributes the product by using company trucks. The controller of the company uses budgeted fleet hours to allocate variable manufacturing overhead. The following information relates to the company's manufacturing overhead data: Budgeted output units Budgeted fleet hours Budgeted pounds of fertilizer Budgeted variable manufacturing overhead costs $93,600 Actual output units produced and delivered Actual fleet hours O $114.00 O $123.16 $120.00 800 truckloads 520 hours $117.00 28,000,000 pounds Actual pounds of fertilizer produced&delivered Actual variable manufacturing overhead costs What is the budgeted variable overhead cost rate per output unit? 760 truckloads 460 hours 29,400,000 pounds $91,200

Healthy Earth Products Inc. produces fertilizer and distributes the product by using company trucks. The controller of the company uses budgeted fleet hours to allocate variable manufacturing overhead. The following information relates to the company's manufacturing overhead data: Budgeted output units Budgeted fleet hours Budgeted pounds of fertilizer Budgeted variable manufacturing overhead costs $93,600 Actual output units produced and delivered Actual fleet hours O $114.00 O $123.16 $120.00 800 truckloads 520 hours $117.00 28,000,000 pounds Actual pounds of fertilizer produced&delivered Actual variable manufacturing overhead costs What is the budgeted variable overhead cost rate per output unit? 760 truckloads 460 hours 29,400,000 pounds $91,200

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Healthy Earth Products Inc. produces fertilizer and distributes the product by using company trucks. The controller of the company uses budgeted fleet hours to allocate variable manufacturing overhead. The following information relates to the company's manufacturing overhead data: Budgeted output units Budgeted fleet hours Budgeted pounds of fertilizer Budgeted variable manufacturing overhead costs $93,600 Actual output units produced and delivered Actual fleet hours O $114.00 O $123.16 800 truckloads 520 hours $120.00 $117.00 28,000,000 pounds Actual pounds of fertilizer produced&delivered Actual variable manufacturing overhead costs What is the budgeted variable overhead cost rate per output unit? 760 truckloads 460 hours 29,400,000 pounds $91,200
Transcribed Image Text:Healthy Earth Products Inc. produces fertilizer and distributes the product by using company trucks. The controller of the company uses budgeted fleet hours to allocate variable manufacturing overhead. The following information relates to the company's manufacturing overhead data: Budgeted output units Budgeted fleet hours Budgeted pounds of fertilizer Budgeted variable manufacturing overhead costs $93,600 Actual output units produced and delivered Actual fleet hours O $114.00 O $123.16 800 truckloads 520 hours $120.00 $117.00 28,000,000 pounds Actual pounds of fertilizer produced&delivered Actual variable manufacturing overhead costs What is the budgeted variable overhead cost rate per output unit? 760 truckloads 460 hours 29,400,000 pounds $91,200
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