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Crane Company is preparing its manufacturing overhead budget for 2022. Relevant data consist of the following. Units to be produced (by quarters): 12,600, 15,120, 17,640,
Crane Company is preparing its manufacturing overhead budget for 2022. Relevant data consist of the following.
Units to be produced (by quarters): 12,600, 15,120, 17,640, 20,160. |
Direct labor: Time is 1.5 hours per unit. |
Variable overhead costs per direct labor hour: indirect materials $0.80; indirect labor $1.20; and maintenance $0.50. |
Fixed overhead costs per quarter: supervisory salaries $51,975; depreciation $18,900; and maintenance $15,120. |
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.)
Question 3 of 5 -/7 E View Policies Current Attempt in Progress Crane Company is preparing its manufacturing overhead budget for 2022. Relevant data consist of the following. Units to be produced (by quarters): 12,600, 15,120, 17,640, 20,160. Direct labor: Time is 1.5 hours per unit. Variable overhead costs per direct labor hour: indirect materials $0.80; indirect labor $1.20; and maintenance $0.50. Fixed overhead costs per quarter: supervisory salaries $51,975; depreciation $18,900; and maintenance $15,120. 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.) CRANE COMPANY Manufacturing Overhead Budget For the Year Ending December 31, 2022 Quarter 2 3 Year EA $ $ $ Question 3 of 5 -/7 E CRANE COMPANY Manufacturing Overhead Budget For the Year Ending December 31, 2022 Quarter 1 2 Variable Costs Indirect Materials $ $ $ Indirect Labor Maintenance Fixed Costs Total Manufacturing Overhead $ Direct labor hours Manufacturing overhead rate per direct labor hour CRANE COMPANY Manufacturing Overhead Budget For the Year Ending December 31, 2022 Quarter 2 3 Year $ $ $ $ $ $
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