For Pharoah Inc., variable manufacturing overhead costs are expected to be $20,570 in the first quarter of
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Question:
For Pharoah Inc., variable manufacturing overhead costs are expected to be $20,570 in the first quarter of 2020, with $4,420 increments in each of the remaining three quarters. Fixed overhead costs are estimated to be $35,960 in each quarter.
Prepare the manufacturing overhead budget by quarters and in total for the year.
Quarter
1 2 3 4 Year
variable costs
fixed costs
total Manufacturing overhead
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