Exercise 20-14 (Algo) Manufacturing: Direct labor and factory overhead budgets LO P1

Ramos Company provides the following (partial) production budget for the next three months. Each finished unit requires 0.3 hour of direct labor at the rate of $18 per hour. The company budgets variable overhead at the rate of $22 per direct labor hour and budgets fixed overhead of $9,900 per month.

Production Budget	April	May	June
Units to produce	630	760	730

1. Prepare a direct labor budget for April, May, and June. 2. Prepare a factory overhead budget for April, May, and June.

Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Prepare a factory overhead budget for April, May, and June