King Whiz ?(Click the icon to view the data.) manufacturee premium food processo

Question

King Whiz ?(Click the icon to view the data.) manufacturee premium food processors. The following are some manufacturing overhead data for King Whiz for the year anded December 31, 2017 Read the requirements Requirement 1. Propare journal ontries for variable and fixed manufacturing overhead (you wll need to calculate the various variances to accomplish this). Begin by calculating the following amounts for the variable overhead that will be used to calculate the various variances Actual Input Actual Costs Allocated Flexible ncurredBudgeted Rate Budget Overhead Variable MOH

Explanation / Answer

Actual cost incurred Actual input *budgeted rate Flexible budget Allocate doverhead Variable MOH 53328 1212*41=49692 1914*41=78474 78474

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