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Anderson Candy Company budgeted the following costs for anticipated production for October: Line Item Description Amount Advertising expenses $250,940 Manufacturing supplies 13,750 Power and light
Anderson Candy Company budgeted the following costs for anticipated production for October:
Line Item Description | Amount |
---|---|
Advertising expenses | $250,940 |
Manufacturing supplies | 13,750 |
Power and light | 41,020 |
Sales commissions | 280,570 |
Factory insurance | 23,890 |
Production supervisor wages | 120,650 |
Production control wages | 31,370 |
Executive officer salaries | 255,770 |
Materials management wages | 34,500 |
Factory depreciation | 19,540 |
Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only fixed factory costs.
Line Item Description | Amount | Amount |
---|---|---|
Variable factory overhead costs: | ||
Advertising expensesFactory depreciationFactory insuranceManufacturing suppliesSales commissions | $- Select - | |
Advertising expensesExecutive officer salariesFactory depreciationPower and lightSales commissions | - Select - | |
Advertising expensesExecutive officer salariesFactory depreciationFactory insuranceProduction supervisor wages | - Select - | |
Advertising expensesFactory depreciationFactory insuranceProduction control wagesSales commissions | - Select - | |
Advertising expensesExecutive officer salariesFactory depreciationMaterials management wagesSales commissions | - Select - | |
Total variable factory overhead costs | $Total variable factory overhead costs | |
Fixed factory overhead costs: | ||
Advertising expensesFactory insuranceManufacturing suppliesProduction supervisor wagesSales commissions | $- Select - | |
Advertising expensesExecutive officer salariesFactory depreciationPower and lightProduction supervisor wages | - Select - | |
Total fixed factory overhead costs | Total fixed factory overhead costs | |
Total factory overhead costs | $Total factory overhead costs |
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