Manufacturing Overhead Budget Ford Seasonings management has provided the accounting staff with the following information related to the company's estimated manufacturing overhead for the month ofJanuarvr 20XX: Estimated Variable Overhead 1. 50 per jar Estimated Fixed Depreciation 5 6,600 per month Estimated Utilities, Insurance, & Prop-err),r Taxes for the Manufacturing Plant: During January 5 4,650 Requirement Use the information from the table above and the previous budgets to prepare Ford Seasoning's manufacturing overhead budget for the month. Ford Seasoning Manufacturing Overhead Budget For theMonth Ended January 31, 2030: Jammy Budgeted .Tars to be Produced Times: Variable Overhead per .Tar Total Budgeted Variable Overhead Costs Budgeted Fixed Overhead Costs: Fixed Depreciation Utilties. Insurance. & Property Taxes Total Budgeted Fixed Overhead Total Budgeted Manufacturing Overhead Costs I I Divide by: Budgeted .Tars to Produced Budgeted Manufacturing Overhead per .Tar Cost of Goods Sold Budget Ford Seasoning's management has asked the accounting staff to used the information obtained from the prior budgets to determine the company's expected manufacturing cost perjar for the month and then prepare the firm's cost of goods sold budget for period. Requirement One Determine Ford Seasoning's total cost to manufacture onejar of 12-spice duringJanuary. January Direct Materials Cost per Jar Direct Labor Cost per Jar Ivfanufacturing Overhead Cost per Jar Total Cost to Ivfanufacture One Jar of 12-Spice Requirement Two The following info relates to Ford Seasoning's beginning inventory: Quantity Unit Cost Total Cost Finished Jars in Beginning Inventory, 1-1-XX 1,500 5 7.25 5 10,875 Use the information regarding beginning finished goods inventory, your answer to requirement one, and info from your prior budgets to prepare Ford Seasoning's cost of goods sold budget for the month ofJanuary 2030:. Ford Seasoning Cost of Goods Sold Budget For the Month Ended January 31, 2030: Jammy Beginning Inventoly. 1.500 Jars Add: Cost of Jars Produced & Sold During Quarter Budgeted Monthly Cost of Goods Sold Selling 8:. Administrative Expense Budget Ford Seasoning's management has compiled the following information about their predicted selling and administrative expenses for the upcoming month Expense Cost Fixed Administrative Salaries 5 8,200 Fixed Depreciation Expense 3,150 Other Fixed 5&3. Expenses 5 2,400 Requirement Prepare Ford Seasoning's selling and administrative expense budget for the upcoming first quarter of 20230:. Ford Seasoning Selling 8:. Administrative Expense Budget For the Month Ended January 31, 20K! Jammy Administrative Salaries Expense Fixed Depreciation Expense Other Fixed SSEA Expenses Total Budgeted Fixed SSEA Expenses