complete using excel if possible
Homework Answers
Solution
| Manufacturing Overhead Budget | ||||||
| Q1 | Q2 | Q3 | Q4 | Year | ||
| A | Units to be produced | 1060 | 1260 | 1600 | 1800 | 5720 |
| B | Hours required per unit | 2 | 2 | 2 | 2 | 2 |
| C=A x B | Total hours required | 2120 | 2520 | 3200 | 3600 | 11440 |
| D | Variable overhead cost per hour | $ 5.00 | $ 5.00 | $ 5.00 | $ 5.00 | $ 5.00 |
| E=D x C | Total variable overhead cost | $ 10,600.00 | $ 12,600.00 | $ 16,000.00 | $ 18,000.00 | $ 57,200.00 |
| F | Fixed Manufacturing Overhead | $ 1,850.00 | $ 1,850.00 | $ 1,850.00 | $ 1,850.00 | $ 7,400.00 |
| G=F+E | Total Manufacturing Overhead | $ 12,450.00 | $ 14,450.00 | $ 17,850.00 | $ 19,850.00 | $ 64,600.00 |
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complete using excel if possible
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Completed using excel if possible
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Depreciation $1,800, and Property Taxes $600. The company believes
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Exercise 22-3
Myers Company uses a flexible budget for manufacturing overhead
based on direct labor hours. Variable manufacturing overhead costs
per direct labor hour are as follows.
Indirect labor
$1.10
Indirect materials
0.70
Utilities
0.40
Fixed overhead costs per month are Supervision $3,600, Depreciation
$1,800, and Property Taxes $800. The company believes it will
normally operate in a range of 7,700–11,000 direct labor hours per
month.
Prepare a monthly manufacturing overhead flexible budget for 2017
for the expected range of...
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Answer in excel!
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Completed using excel if possible
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budget for manufacturing overhead based on direct labor hours.
Variable manufacturing overhead costs per direct labor hour are as
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0.40 Fixed overhead costs per month are Supervision $3,700,
Depreciation $1,800, and Property Taxes $600. The company believes
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hours per month. Assume that in July 2017, Myers Company incurs the
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Myers Company uses...
Exercise 22-3
Myers Company uses a flexible budget for manufacturing overhead
based on direct labor hours. Variable manufacturing overhead costs
per direct labor hour are as follows.
Indirect labor
$1.10
Indirect materials
0.70
Utilities
0.40
Fixed overhead costs per month are Supervision $3,600, Depreciation
$1,800, and Property Taxes $800. The company believes it will
normally operate in a range of 7,700–11,000 direct labor hours per
month.
Prepare a monthly manufacturing overhead flexible budget for 2017
for the expected range of...
NEED ANSWER OF THE " F " PART ONLY!
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