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eBook Show Me How Preparing an Overhead Budget Tulum Inc. makes a Mexican chocolate mix. Budgeted direct labor hours for the first 3 months of
eBook Show Me How Preparing an Overhead Budget Tulum Inc. makes a Mexican chocolate mix. Budgeted direct labor hours for the first 3 months of the coming year are: January February March 9,880 8,800 12,200 The variable overhead rate is $0.50 per direct labor hour. Fixed overhead is budgeted at $3,140 per month. Required: Prepare an overhead budget for the months of January, February, and March, as well as the total for the first quarter. Overhead: Tulum Inc. Overhead Budget For the Coming First Quarter Total direct labor hrs Variable overhead rate Total variable overhead Add: Fixed overhead. Total overhead January February March Total Previous Next >
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