Kerekes Manufacturing Corporation has prepared the following overhead budget for next month. Activity level 2,500 machine-hours...
Kerekes Manufacturing Corporation has prepared the following overhead budget for next month.
| Activity level | 2,500 | machine-hours | |
| Variable overhead costs: | |||
| Supplies | $ | 11,250 | |
| Indirect labor | 21,000 | ||
| Fixed overhead costs: | |||
| Supervision | 15,700 | ||
| Utilities | 5,900 | ||
| Depreciation | 6,900 | ||
| Total overhead cost | $ | 60,750 | |
The company's variable overhead costs are driven by machine-hours.
What would be the total budgeted overhead cost for next month if the activity level is 2,400 machine-hours rather than 2,500 machine-hours?
Multiple Choice
-
$58,870
-
$58,320
-
$59,460
-
$60,750
Homework Answers
Here Answer is $59460
Calculated as
Variable overhead for 2400 Machine hours are as
| Supplies = $11250 x 24/25 | $ | 10,800 |
| Indirect labor = $21000 x 24/25 | 20,160 |
Fixed Overhead will remain unchanged
| Calculation of Total Overhead Cost for 2400 Machine hours | |||
| Activity level | 2,400 | machine-hours | |
| Variable overhead costs: | |||
| Supplies | $ | 10,800 | |
| Indirect labor | 20,160 | ||
| Fixed overhead costs: | |||
| Supervision | 15,700 | ||
| Utilities | 5,900 | ||
| Depreciation | 6,900 | ||
| Total overhead cost | $ | 59,460 | |
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Kerekes Manufacturing Corporation has prepared the following
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Activity level
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