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Atlanta Company is preparing its manufacturing overhead budget for 2014. Relevant data consist of the following. Units to be produced (by quarters): 10,200, 12,500, 14,100,
Atlanta Company is preparing its manufacturing overhead budget for 2014. Relevant data consist of the following.
Units to be produced (by quarters): 10,200, 12,500, 14,100, 16,900. |
Direct labor: Time is 1.5 hours per unit. |
Variable overhead costs per direct labor hour: Indirect materials $0.70; indirect labor $1.30; and maintenance $0.60 |
Fixed overhead costs per quarter: Supervisory salaries $36,640; depreciation $19,020; and maintenance $13,210. |
Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round overhead rate to 2 decimal places, e.g. 1.25. List variable expenses before fixed expense.)
ATLANTA COMPANY Manufacturing Overhead Budget For the Year Ending December 31, 2014 uarter 3 4. Year Direct labor hours Manufacturing overhead rate per direct labor hour
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