Manufacturing Overhead Budget 2018 Q1 Q2 Q3 Variable Manufacturing Overhead: Machine Hours BBJ 5200 5304 5410 Machine Hours EBJ 144000 146880 149818 Machine Hours JBJ 130000 132600 135252 Total Machine Hours 279200 284784 290480 Applied Variable Overhead $ 1,954,400 $ 1,993,488 $ 2,033,358 Fixed Manufacturing Overhead: Building costs (taxes, insurance, etc.) $13,500 $13,500 $13,500 Depreciation $8,100 $20,600 $20,600 Salaries and benefits for indirect personnel $25,200 $25,200 $25,200 Total Cost $46,800 $59,300 $59,300 Pre-determined Overhead Rate: $ 7.20 Note to students: Be sure to increase depreciation for new equipment purchases