Production and overhead budgets Budgeted sales of MicroData Company's data multi- plex boxes are: April May June

Production and overhead budgets Budgeted sales of MicroData Company's data multi- plex boxes are:

Transcribed Image Text:

April May June July 800 600 700 500 REQUIRED April 1 beginning inventory is 150 boxes. The desired ending inventory each month is 30 percent of expected sales for the next month. Each box requires 6 hours of direct labor. Estimated variable overhead cost per direct labor hour is as follows: Indirect materials. Indirect labor Fringe benefits Payroll taxes. Other..... Fixed overhead of $178,500 per year is allocated equally to each month. a. Prepare a production quantity budget for April, May, and June. b. Prepare a direct labor budget for the three months. c. Prepare a manufacturing overhead budget for the 3 months. $ .40 1.20 1.80 .60 1.00