Question
Factory Overhead Cost Budget Budget that estimates the cost for each item of factory overhead needed to support budgeted production. Sweet Tooth Candy Company budgeted
Factory Overhead Cost Budget Budget that estimates the cost for each item of factory overhead needed to support budgeted production. Sweet Tooth Candy Company budgeted the following costs for anticipated production for August 2016:
Advertising expenses $232,000
Manufacturing supplies 14,000
Power and light 48,000
Sales commissions 298,000
Factory insurance 30,000
Production supervisor wages $135,000
Production control wages 32,000
Executive officer salaries 310,000
Materials management wages 39,000
Factory depreciation 22,000
Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only fixed factory costs.
Variable Factory Overhead Cost - list out separately
Total variable factory overhead costs | $ | |
Fixed factory overhead costs: | ||
$ | ||
Total fixed factory overhead costs | ||
Total factory overhead costs | $ |
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