Required 1 : | |||||
Yuvwell Corporation | |||||
Manufacturing Overhead Budget | |||||
1st Quarter | 2nd Quarter | 3rd Quarter | 4th Quarter | Year | |
Budgeted direct labor hours | 10600 | 9500 | 9800 | 10600 | 40500 |
Variable manufacturing overhead rate | 5.25 | 5.25 | 5.25 | 5.25 | 5.25 |
Variable manufacturing overhead | 55650 | 49875 | 51450 | 55650 | 212625 |
Fixed manufacturing overhead | 74000 | 74000 | 74000 | 74000 | 296000 |
Total manufacturing overhead | 129650 | 123875 | 125450 | 129650 | 508625 |
Less: Depreciation | 18500 | 18500 | 18500 | 18500 | 74000 |
Cash disbursements for manufacturing overhead | 111150 | 105375 | 106950 | 111150 | 434625 |
Required 2 : | |
Total budgeted manufacturing overhead for the year | 434625 |
Budgeted direct labor-hours for the year | 40500 |
Predetermined overhead rate for the year | 10.73 |
The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manu...
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 10,600 9,500 9,800 10,600 Budgeted direct labor-hours The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $5.25 per direct labor-hour and its total fixed manufacturing overhead is $74.000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation,...
The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: Budgeted direct labor-hours 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 10,600 9.500 9,800 10,600 The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $5.25 per direct labor-hour and its total fixed manufacturing overhead is $74,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation,...
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 10,600 9,500 9,800 10,600 The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $5.25 per direct labor-hour and its total fixed manufacturing overhead is $74,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation,...
The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: Budgeted direct labor-hours 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 11,800 10,100 10,400 11,200 The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $6.75 per direct labor-hour and its total fixed manufacturing overhead is $86,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation,...
The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: Budgeted direct labor-hours lat Quarter 2nd Quarter 3rd Quarter 4th Quarter 11,800 10,100 10,400 11,200 The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $6.75 per direct labor hour and Its total fixed manufacturing overhead is $86,000 per quarter. The only noncash Item Included in fixed manufacturing overhead is...
The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: Budgeted direct labor-hours 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 11,000 9,700 10,000 10,800 The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $5.75 per direct labor-hour and its total fixed manufacturing overhead is $78,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation,...
2 The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: ts Budgeted direct labor-hours 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 8,200 8,300 8,600 8,000 Book The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $2.25 per direct labor-hour and its total fixed manufacturing overhead is $50,000 per quarter. The only noncash item Included in fixed manufacturing...
exercise 8-5 (2 parts) Exercise 8-5 Manufacturing Overhead Budget (LO8-6) 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 10,800 9,600 9,900 1,700 The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $5.50 per direct labor-hour and its total fixed manufacturing overhead is $76.000 per quarter. The...
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 direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: Budgeted direct labor-hours 1st Quarter 10,282 2nd Quarter 9,380 3rd Quarter 9,689 4th Quarter 19,480 The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $4.75 per direct labor-hour and its total fixed manufacturing overhead is $70,000 per quarter. The only noncash Item Included in fixed manufacturing overhead is depreciation,...