Maintenance 25,400 $ 31,750 Power 25,400 x 12,700 Indirect labor 25,400 X 58,420 102,870 Total variable costs Fixed costs: Maintenance Indirect labor 34,300 68,500 Rent 31,700 Total fixed costs 134,500 total overhead costs 237,370 Feedback Check My Work The overhead budget shows the expected cost of all indirect manufacturing items. It is based on variable and fixed overhead used in production. Decide which costs are fixed and which are variable and calculate. Prepare an overhead budget that reflects production that is 10 percent higher than expected (for both products). Meliore, Inc. Overhead Budget Maintenance 25,400 $ 31,750 Power 25,400 x 12,700 Indirect labor 25,400 X 58,420 102,870 Total variable costs Fixed costs: Maintenance Indirect labor 34,300 68,500 Rent 31,700 Total fixed costs 134,500 total overhead costs 237,370 Feedback Check My Work The overhead budget shows the expected cost of all indirect manufacturing items. It is based on variable and fixed overhead used in production. Decide which costs are fixed and which are variable and calculate. Prepare an overhead budget that reflects production that is 10 percent higher than expected (for both products). Meliore, Inc. Overhead Budget 2. Prepare an overhead budget that reflects production that is 10 percent higher than expected (for both products). Meliore, Inc. Overhead Budget For the Year Ended December 31 Per DLH Budgeted direct labor hours DLH Variable costs: Maintenance Power Indirect labor Total variable costs Fixed costs: Maintenance Indirect labor Rent Total fixed costs Total overhead costs Prepare an overhead budget for production that is 20 percent lower than expected. Meliore, Inc. Overhead Budget For the Year Ended December 31 Per DLH Budgeted direct labor hours Variable costs: Maintenance DLH Power Indirect labor Total variable costs Fixed costs: Maintenance Indirect labor Rent Total fixed costs Od Total overhead costs Maintenance 25,400 $ 31,750 Power 25,400 x 12,700 Indirect labor 25,400 X 58,420 102,870 Total variable costs Fixed costs: Maintenance Indirect labor 34,300 68,500 Rent 31,700 Total fixed costs 134,500 total overhead costs 237,370 Feedback Check My Work The overhead budget shows the expected cost of all indirect manufacturing items. It is based on variable and fixed overhead used in production. Decide which costs are fixed and which are variable and calculate. Prepare an overhead budget that reflects production that is 10 percent higher than expected (for both products). Meliore, Inc. Overhead Budget Maintenance 25,400 $ 31,750 Power 25,400 x 12,700 Indirect labor 25,400 X 58,420 102,870 Total variable costs Fixed costs: Maintenance Indirect labor 34,300 68,500 Rent 31,700 Total fixed costs 134,500 total overhead costs 237,370 Feedback Check My Work The overhead budget shows the expected cost of all indirect manufacturing items. It is based on variable and fixed overhead used in production. Decide which costs are fixed and which are variable and calculate. Prepare an overhead budget that reflects production that is 10 percent higher than expected (for both products). Meliore, Inc. Overhead Budget 2. Prepare an overhead budget that reflects production that is 10 percent higher than expected (for both products). Meliore, Inc. Overhead Budget For the Year Ended December 31 Per DLH Budgeted direct labor hours DLH Variable costs: Maintenance Power Indirect labor Total variable costs Fixed costs: Maintenance Indirect labor Rent Total fixed costs Total overhead costs Prepare an overhead budget for production that is 20 percent lower than expected. Meliore, Inc. Overhead Budget For the Year Ended December 31 Per DLH Budgeted direct labor hours Variable costs: Maintenance DLH Power Indirect labor Total variable costs Fixed costs: Maintenance Indirect labor Rent Total fixed costs Od Total overhead costs