Calculate the Variable manufacturing overhead spending variance for Wilson Products for May 2017 Total manufacturing overhead costs allocated Wilson Products uses standard costing.It allocates manufacturing overhead (both variable and fixed) to products on the basis of standard directmanufacturing labor-hours (DLH). Wilson Products develops its manufacturing overhead rate from the cur-rent annual budget. The manufacturing overhead budget for 2017 is based on budgeted output of 672,000units, requiring 3,360,000 DLH. The company is able to schedule production uniformly throughout the year.A total of 72,000 output units requiring 321,000 DLH was produced during May 2017. Manufacturingoverhead (MOH) costs incurred for May amounted to $355,800. The actual costs, compared with the annualbudget and 1/12 of the annual budget, are as follows:Annual Manufacturing Overhead Budget 2017PerMonthly MOH Actual MOHBudgetMay 2017TotalOutputPer DLHCosts forAmountUnitInput UnitMay 2017Variable MOH$ 84,000$ 84,00056,000$1.50Indirect manufacturing laborSupplies$1,008,000672,000$0.301.000.20117,000Fixed MOHSupervision571,200369,600705,600$3,326,4000.850.1747,60030,80058,800$277,20041,00055,00088,800$355,800Utilities0.550.11Depreciation1.050.21Total$4.95$0.99

Name: Calculate the Variable manufacturing overhead spending variance for Wi
Uploaded: 2024-03-20T06:33:06.000Z
Channel: Bartleby
Description: Calculate the Variable manufacturing overhead spending variance for Wilson Products for May 2017 Total manufacturing overhead costs allocated Wilson Products uses standard costing.It allocates manufacturing overhead (both variable and fixed) to produ