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Addison Company budgets production of 2,850 units during the second quarter. Information on its direct labor and its variable and fixed overhead is as follows:
Addison Company budgets production of 2,850 units during the second quarter. Information on its direct labor and its variable and fixed overhead is as follows: Direct labor Each finished unit requires 6 direct labor hours, at a cost of $9 per hour. Variable overhead Budgeted at the rate of $11 per direct labor hour. Fixed overhead Budgeted at $640,000 per quarter. 1. Prepare a direct labor budget. 2. Prepare a factory overhead budget. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a direct labor budget. Units to produce 2,850 units Direct labor hours needed Cost of direct labor Addison Company budgets production of 2,850 units during the second quarter. information on its direct labor and its variable and fixed overhead is as follows: Direct labor Each finished unit requires 6 direct labor hours, at a cost of $9 per hour. Variable overhead Budgeted at the rate of $11 per direct labor hour. Fixed overhead Budgeted at $640,000 per quarter. 1. Prepare a direct labor budget. 2. Prepare a factory overhead budget. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a direct labor budget. Units to produce 2,850 units Beginning inventory (pounds) Budgeted ending inventory (pounds) \"I Budgeted units sales for month Direct labor cost per hour Addison Company budgets production of 2,850 units during the second quarter. Information on its direct labor and its variable and fixed overhead is as follows: Direct labor Each finished unit requires 6 direct labor hours, at a cost of $9 per hour. Variable overhead Budgeted at the rate of $11 per direct labor hour. Fixed overhead Budgeted at $640,000 per quarter. 1. Prepare a direct labor budget. 2. Prepare a factory overhead budget. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a factory overhead budget. ADDISON COMPANY Factory Overhead Budget Second Quarter ) Direct labor hours needed Fixed factory overhead rate per direct labor hour Variable overhead rate per direct labor hour - Budgeted fixed overhead Addison Company budgets production of 2,850 units during the second quarter. Information on its direct labor and its variable and fixed overhead is as follows: Direct labor Each finished unit requires 6 direct labor hours, at a cost of $9 per hour. Variable overhead Budgeted at the rate of $11 per direct labor hour. Fixed overhead Budgeted at $640,000 per quarter. 1. Prepare a direct labor budget. 2. Prepare a factory overhead budget. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a factory overhead budget. Direct labor hours needed Budgeted variable overhead Budgeted total factory overhead
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