Majestic Corporation manufactures wheel barrows and uses budgeted machine hours to allocate variable manufacturing overhead....
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Accounting
Majestic Corporation manufactures wheel barrows and uses budgeted machine hours to allocate variable manufacturing overhead. The following information relates to thecompany's manufacturing overheaddata:
Budgeted output units 43,500 units
Budgetedmachine-hours 17,400
hours
Budgeted variable manufacturing overhead costs for17,400 units $382,800
Actual output units produced 47,500 units
Actualmachine-hours used 15,100 hours
Actual variable manufacturing overhead costs $387,518
What is the amount of the budgeted variable manufacturing overhead cost perunit? (Do not round any intermediary calculations. Round your final answer to the nearestcent.)
A.
$8.91
B.
$8.06
C.
$8.80
D.
$8.16
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