Factory Overhead Cost Budget

Toot Sweet Company budgeted the following costs for anticipated production for August:

Advertising expenses $$260,860$

Manufacturing supplies $14,300$

Power and light $42,640$

Sales commissions $285,030$

Factory insurance $24,830$

Production supervisor wages $125,420$

Production control wages $32,610$

Executive officer salaries $265,880$

Materials management wages $35,860$

Factory depreciation $20,320$

Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only fixed factory costs.

Toot Sweet Company

Factory Overhead Cost Budget

For the Month Ending August $31$

Variable factory overhead costs:

$$-$ Select $-$

$-$ Select $-$

$-$ Select $-$

$-$ Select $-$

$-$ Select $-$

Total variable factory overhead costs $fill in the blank $11$

Fixed factory overhead costs:

$$-$ Select $-$

$-$ Select $-$

Total fixed factory overhead costs fill in the blank $16$

Total factory overhead costs