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how do you do this? Direct labor hours are estimated as 1,500 in Quarter 1; 1,600 in Quarter 2; 1,400 in Quarter 3; and 1,800
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Direct labor hours are estimated as 1,500 in Quarter 1; 1,600 in Quarter 2; 1,400 in Quarter 3; and 1,800 in Quarter 4. Indirect material per hour $1.00 Supervisory salaries $18,000 Indirect labor per hour 1.20 Maintenance Salaries 4,000 Maintenance per hour 0.25 Property taxes and insurance 5,000 Utilities per hour 0.40 Depreciation 2,500 Prepare a manufacturing overhead budget using the above overhead Information. Manufacturing Overhead Budget For the Year Ending Dec. 31, 2020 Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total Variable Costs Indirect Material Indirect Labor Maintenance Utilities Total Variable Manufacturing Costs Fixed Costs Supervisory Salaries Maintenance Salaries Property Taxes and Insurance Depreciation DOO L Total Fixed Manufacturing Costs pl Total Manufacturing Overhead Step by Step Solution
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