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Business, 26.11.2019 20:31 thezbell

Preble company manufactures one product. its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows: direct materials: 5 pounds at $8.00 per pound $ 40.00 direct labor: 2 hours at $14 per hour 28.00 variable overhead: 2 hours at $5 per hour 10.00 total standard cost per unit $ 78.00 the planning budget for march was based on producing and selling 25,000 units. however, during march the company actually produced and sold 30,000 units and incurred the following costs: purchased 160,000 pounds of raw materials at a cost of $7.50 per pound. all of this material was used in production. direct laborers worked 55,000 hours at a rate of $15.00 per hour. total variable manufacturing overhead for the month was $280,500. 12. what variable manufacturing overhead cost would be included in the company’s planning budget for march?

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