The Charade Corporation is preparing its Manufacturing Overhead budget for the fourth quarter of the year. The budgeted variable manufacturing overhead is $7 per direct labor-hour; the budgeted fixed manufacturing overhead is $92,000 per month, of which $16,700 is factory depreciation.
If the budgeted direct labor time for November is 8,700 hours, then the total budgeted manufacturing overhead for November is:
Multiple Choice
$92,000
$136,200
$152,900
$169,600
Calculate total budgeted manufacturing overhead
November | |
Variable manufacturing overhead (8700*7) | 60900 |
Fixed manufacturing overhead | 92000 |
Total Budgeted manufacturing overhead | 152900 |
So answer is c) $152900
The Charade Corporation is preparing its Manufacturing Overhead budget for the fourth quarter of the year....
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...
Patriot Corporation its manufacturing overhead budget. The direct labor budget for the upcoming quarter is as follows: April May June Budgeted direct labor hours. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 400 790 680 LOADING... (Click the icon to view the budgeted direct labor hours.) The company's variable manufacturing overhead rate is $1.10 per direct labor hour and the...
Atlanta Company is preparing its manufacturing overhead budget for 2020. Relevant data consist of the following. Units to be produced (by quarters): 10,100, 12, 100, 14,200, 16,700. Direct labor: Time is 1.5 hours per unit. Variable overhead costs per direct labor hour: indirect materials $0.80; indirect labor $1.20; and maintenance $0.60. Fixed overhead costs per quarter: supervisory salaries $38,890; depreciation $19,570; and maintenance $13,090. Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round overhead rate to 2...
The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted direct labor-hours 8,400 8,400 8,700 8,100 The company's variable manufacturing overhead rate is $2.50 per direct labor-hour and the company's fixed manufacturing overhead is $52,000 per quarter. The only noncash item...
Manufacturing Overhead Budget The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details conceming budgeted direct labor-hours: 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted direct labor-hours .................. 8,000 8,200 8,500 7,800 The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $3 25 per direct labor-hour and its total fixed manufacturing overhead is $48.000 per quarter. The only noncash item included in...
The manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 3,000 direct labor-hours will be required in January. The variable overhead rate is $5 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $43,140 per month, which includes depreciation of $3,620. 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 $54,520 $58,140 $39,520...
The manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 4,400 direct labor-hours will be required in January. The variable overhead rate is $1.30 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $60,280 per month, which includes depreciation of $17,160. 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 $5,720 $43,120 $48,840 $66,000
The manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 4,000 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 $43,240 per month, which includes depreciation of $3,520. 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 $75,240 $32,000 $71,720...
The manufacturing overhead budget at Foshay Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 7,200 direct labor-hours will be required in May. The variable overhead rate is $770 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $139,680 per month, which includes depreciation of $24,850. All other fixed manufacturing overhead costs represent current cash flows. The company recomputes its predetermined overhead rate every month. The predetermined overhead rate for May should be: Multiple Choice...
Webster Corporation is preparing a master budget for the first quarter of the year. The company budgets production of 2,760 units in January, 2,640 units in February and 2,940 units in March. Each unit requires 0.5 hours of direct labor. The direct labor rate is $13 per hour. Compute the budgeted direct labor cost for the first quarter budget. Multiple Choice $51,480. $54,210. $108,420. $102,960. $41,700.