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Indigo Company is preparing its manufacturing overhead budget for 2022. Relevant data consist of the following Quarterly units production: Q1-9,700,Q2-11,900, Q3-13.300, Q4-15,200. Direct labor:

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Indigo Company is preparing its manufacturing overhead budget for 2022. Relevant data consist of the following Quarterly units production: Q1-9,700,Q2-11,900, Q3-13.300, Q4-15,200. Direct labor: Labor required is 1 hour per unit. Variable overhead costs per direct labor hour: Indirect materials $0.70; indirect labor $1.20; and maintenance $0.60. Fixed overhead costs per quarter: Supervisory salaries $42,000; depreciation $17,000; and maintenance $11.900. Prepare the manufacturing overhead budget for the year, showing quarterly data. (List variable costs before foxed costs.) IGO COMPANY ring Overhead Budget nd ter Third Quarter Fourth Quarter Year Manufacturing overhead rate per direct labor hour $ eTextbook and Media Save for Later (Round answers to 2 decimali Attempts: 0 of 3 used Submit Answer

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