Edgington Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $1.60 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $94,350 per month, which includes depreciation of $19,840. All other fixed manufacturing overhead costs represent current cash flows. The November direct labor budget indicates that 8,500 direct labor-hours will be required in that month.
Required:
a. Determine the cash disbursements for manufacturing overhead for November.
b. Determine the predetermined overhead rate for November. (Round your answer to 2 decimal places.)
Edgington Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is...
1. Edgington Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $1.40 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $92,130 per month, which includes depreciation of $19,820. All other fixed manufacturing overhead costs represent current cash flows. The November direct labor budget indicates that 8,300 direct labor-hours will be required in that month. Required: a. Determine the cash disbursement for manufacturing overhead for November. b. Determine the predetermined overhead rate for...
Mccoo Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $1.30 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $98,900 per month, which includes depreciation of $19,780. All other fixed manufacturing overhead costs represent current cash flows. The September direct labor budget indicates that 8,600 direct labor-hours will be required in that month.
Trini Inc, bases its manufacturing overhead budget on budgeted direct labor hours. The direct labor budget indicates that 9.000 direct labor-hours will be required in May. The variable overhead rate is $2.30 per direct labor hour. The company's budgeted fixed manufacturing overhead is $109.440 per month, which includes depreciation of $9,810. All other fixed manufacturing overhead costs represent current cash flows. The May cash disbursements for manufacturing overhead on the manufacturing overhead budget should be: Multiple Choice O $120,330 $20700...
Trini Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates that 8,200 direct labor-hours will be required in May. The variable overhead rate is $1.50 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $101,440 per month, which includes depreciation of $9,010. All other fixed manufacturing overhead costs represent current cash flows. The May cash disbursements for manufacturing overhead on the manufacturing overhead budget should be: Multiple Choice $104,730. $12,300. $92,430. $113,740.
Morrish Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates that 7,100 direct labor-hours will be required in January. The variable overhead rate is $1.90 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $100,370 per month, which includes depreciation of $8,980. All other fixed manufacturing overhead costs represent current cash flows. The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be: $13,490 $113,860 $91,390 $104,880
O Haylock Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates that 7700 direct labor-hours will be required in August. The variable overhead rate is $130 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $100,430 per month, which includes depreciation of $8.920. All other fixed manufacturing overhead costs represent current cash flows. The August cash disbursements for manufacturing overhead on the manufacturing overhead budget should be: 1440 1 0 $101520 0 $91,510...
Bluebell Manufacturing bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates that 1,726 direct labor-hours will be required in March. The variable overhead rate is $10.5 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $17,538.7 per month, which includes depreciation of $2,600. All other fixed manufacturing overhead costs represent current cash flows. The company recomputes its predetermined overhead rate every month. The predetermined overhead rate for March should be: Select one: a. $16...
Part I. Calculation 1. Mccoo Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $1.30 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $98,900 per month, which includes depreciation of $19,780. All other fixed manufacturing overhead costs represent current cash flows. The September direct labor budget indicates that 8,600 direct labor-hours will be required in that month. Required: a. Determine the cash disbursement for manufacturing overhead for September. b. Determine the predetermined...
The manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 2,700 direct labor-hours will be required in January. The variable overhead rate is $7 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $42,990 per month, which includes depreciation of $3,770. All other fixed manufacturing overhead costs represent current cash flows. The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be: Multiple Choice 0 $61,890 0...
The manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 3,300 direct labor-hours will be required in January. The variable overhead rate is $8 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $43,170 per month, which includes depreciation of $3,590. All other fixed manufacturing overhead costs represent current cash flows. The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be: