Majestic Corporation manufactures wheelbarrows and uses budgeted machine hours to allocate variable manufacturing overhead. The following information relates to the company's manufacts overhead data: Budgeted output units Budgeted machine-hours Budgeted variable manufacturing overhead costs for 43,500 units 43,500 units 17,400 hours $382,800 Actual output units produced 47,500 units Actual machine-hours used Actual variable manufacturing overhead costs 15,100 hours $387,518 What is the amount of the budgeted variable manufacturing overhead cost per unit? (Do not found any intermediary calculations. Round your final answer to the nearest cent) OA 18.16 OB. $6.00 C. $8.91 OD. $8.80
Majestic Corporation manufactures wheelbarrows and uses budgeted machine hours to allocate variable manufacturing overhead. The following information relates to the company's manufacts overhead data: Budgeted output units Budgeted machine-hours Budgeted variable manufacturing overhead costs for 43,500 units 43,500 units 17,400 hours $382,800 Actual output units produced 47,500 units Actual machine-hours used Actual variable manufacturing overhead costs 15,100 hours $387,518 What is the amount of the budgeted variable manufacturing overhead cost per unit? (Do not found any intermediary calculations. Round your final answer to the nearest cent) OA 18.16 OB. $6.00 C. $8.91 OD. $8.80
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:Majestic Corporation manufactures wheelbarrows and uses budgeted machine hours to allocate variable manufacturing overhead. The following information relates to the company's manufacturing
overhead data:
Budgeted output units
Budgeted machine-hours
Budgeted variable manufacturing overhead costs for 43,500 units
43,500 units
17,400 hours
$382,800
Actual output units produced
47,500 units
Actual machine-hours used
Actual variable manufacturing overhead costs
15,100 hours
$387,518
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)
OA $8.16
OB. $6.00
OC. $8.91
OD. $8.80
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