Question

Your answer is partially correct. Try again. Atlanta Company is preparing its manufacturing overhead budget for 2020. Relevant data consist of the following. Units to be produced (by quarters): 10,700, 12,600, 14,900,16,100. Direct labor: Time is 1.6 hours per unit. Variable overhead costs per direct labor hour: indirect materials $0.80; Indirect labor $1.30; and maintenance $0.50. Fixed overhead costs per quarter: supervisory salaries $37,620; depreciation $18,220; and maintenance $13,150. dy. Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round overhead rate to 2 decimal places, e.g. 1.25. LIS expense.

Answer 1

Answer-

ATLANATA COMPANY
Manufacturing Overhead Flexible Budget
For the year
	Quarter 1	Quarter 2	Quarter 3	Quarter 4	Year
Units to be produced (a)	10700	12600	14900	16100	54300
Time hour per unit (b)	1.6 hours	1.6 hours	1.6 hours	1.6 hours	1.6 hours
Direct labor hours (c=a*b)	17120	20160	23840	25760	86880
Variable costs:-
Indirect materials $0.80 pe hour	13696	16128	19072	20608	69504
Indirect labor $1.30 per hour	22256	26208	30992	33488	112944
Maintenance $0.50 per hour	8560	10080	11920	12880	43440
Total variable costs (a) $	44512	52416	61984	66976	225888
Fixed costs:-
Supervisory salaries $	37620	37620	37620	37620	150480
Depreciation $	18220	18220	18220	18220	72880
Maintenance $	13150	13150	13150	13150	52600
Total fixed costs (b) $	68990	68990	68990	68990	275960
Total costs (c=a+b) $	113502	121406	130974	135966	501848