Razmon’s Jewelers has accumulated the following budgeted overhead information (dollar amounts may include both fixed and...
Razmon’s Jewelers has accumulated the following budgeted overhead information (dollar amounts may include both fixed and variable costs).
|
Direct Labor Hours |
||||||
| 2,000 hours | 3,000 hours | |||||
| Maintenance | $ | 12,000 | $ | 17,000 | ||
| Depreciation | 8,000 | 8,000 | ||||
| Manager's salary | 45,000 | 45,000 | ||||
| Indirect supplies | 3,200 | 4,700 | ||||
| Utilities | 1,000 | 1,200 | ||||
| Other | 8,500 | 9,000 | ||||
Use this information to create the overhead budget for 2,800 direct labor employee hours.
| Budgeted Overhead | |
| Maintenance | |
| Depreciation | |
| Manager’s salary | |
| Indirect supplies | |
| Utilities | |
| Other |
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Razmon’s Jewelers has accumulated the following budgeted overhead information (dollar amounts may include both fixed and...
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For the month of May, the company planned production of 8,000 units
(80% of its production capacity of 10,000 units) and prepared the
following overhead budget:
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Production in units
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Standard direct labor hours
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Budgeted overhead
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