Chapter 8 Homework 22.00 50.000 75.000 50.000 2.000 2.000 27.400

ead Budget Johnston Company cleans and applies powder paint to metal items a jOb order basis. Jot-mstOn has the following for various overhead categories in the coming year. tn the coming year, Johnston expects to coat 160.000 units. Each unit takes 1.3 direct labor hours. Johnston has found that and gas (used to run the drying units pas through the drying paint is applied) tend to vary with the number of units All other overhead categories are considered to be fixed. Req I. Calculate the number of direct labor hours Johnston must budget for the coming year. Calculate the variable Overhead rate. Calculate the total fixed overhead for the coming year requid, ar-s to the neast and the rounded answers in 2. prepare an Overhead budget for Johnston for the Coming the total variable overhead, total fixed overhead, and total Overhead, When round Vour to the nearest cent. Calculate the fixed overhead rate and the total overhead rate. required. round answers to the nearest Cent.