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Ivanhoe Company is preparing its manufacturing overhead budget for 2022 . Relevant data are as follows: 1. Units to be produced (by quarters): 9,900,12,200,14,300,17,900 2.

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Ivanhoe Company is preparing its manufacturing overhead budget for 2022 . Relevant data are as follows: 1. Units to be produced (by quarters): 9,900,12,200,14,300,17,900 2. Directlabour: 1.5 hours per unit 3. Variable overhead costs per direct labour hour: indirect materials $0.70; indirect labour $1.20; and maintenance $0.50 4. Fixed overhead costs per quarter: supervisory salaries $35,200; depreciation $15,200; and maintenance $14,800 Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round variable cost per unit to 2 decimal places, e.g. 15.25.) IVANHOE COMPANY Manufacturing Overhead Budget For the Year Ending December 31, 2022 Quarter 1 2 3 IVANHOE COMPANY Manufacturing Overhead Budget For the Year Ending December 31, 2022 Quarter 1 2 3

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