Factory Overhead Cost Budget

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.

Sweet Tooth Candy Company
Factory Overhead Cost Budget
For the Month Ending August 31, 2016
Variable factory overhead costs:
Manufacturing supplies	$
Power and light
Production supervisor wages
Production control wages
Materials management wages
Total variable factory overhead costs		$
Fixed factory overhead costs:
Factory insurance	$
Factory depreciation
Total fixed factory overhead costs
Total factory overhead costs		$