C8 X V fx A B D E F G H Manufacturing Overhead Budget - for the Profit Planning Year Jan. 1 to Dec. 31, 2021 Test My MyArmor, Inc. Quarter in the 2021 Planning Year Full Year Ist 2nd 3rd 4th Total Total Direct Labor Hours (from Direct Labor Budget) times Variable Overhead Cost Rate per Direct Labor Hour [DLH) equals Total Variable Manufacturing Overhead Cost plus Total Fixed Manufacturing Overhead Cost Total Manufacturing Overhead Cost Check Amount + $61,760 Check Amount - $268,880 Calculation of Cash Payments for Manufacturing Overhead . for the Cash Budget Full Year 2nd Otr. 3rd Otr. Ath Otc. Total Total Manufacturing Overhead Cost (per above) less Depreciation Included in Manufacturing Overhead ( ) Total Cash Payments for Manufacturing Overhead Check Amounts + 454,760 162,200 165,080 $58,840 Fix the Format of All White Cells Calculation of the Predetermined Overhead Rate - for the Finished Goods Ending Inventory Budget and Restore the Formula in Cell D28 Full Year Total Manufacturing Overhead Cost divided by Full Year Total Direct Labor Hours equals Predetermined Overhead Rate per Direct Labor Hour (DLH) |$0 per DLH A Check Amount $23 Multiple Choice Questions 1. Using the data in the simple example on Pg. 3 of the Manufacturing Overhead Budget.pdf document, Answer. what would be Total Manufacturing Overhead Cost if Total Direct Labor Hours were 200 rather than 100? A. $400 B. $450 38 C. $600 39 D. $650 41 2. Which one of the following statements is correct? Answer. 42 A Total Variable Overhead Cost does not change when the level of manufacturing activity changes. 43 B. Total Fixed Overhead Cost does not change when the level of manufacturing activity changes. 44 C. Total Manufacturing Overhead Cost is an input to the Cash Budget 45 D. Total Cash Payments for Manufacturing Overhead is an input to the Cost of Goods Sold Budget 46 47 48