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Marigold Company is preparing its manufacturing overhead budget for 2017. Relevant data consist of the following. Units to be produced (by quarters): 10,500, 12,600, 14,300,
Marigold Company is preparing its manufacturing overhead budget for 2017. Relevant data consist of the following. Units to be produced (by quarters): 10,500, 12,600, 14,300, 16,100 Directlabor: Time is 16 hours per unit. Variable overhead costs per direct labor hour indirect materials S indirect iabon nd inenara SS Fixed overhead costs per quarter:supervisory salaries $36,560, depreciation $19,920, and maintenance $13,680. Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round overhead rate to 2 decimal places, eg. 1.25. List variable costs before fixed costs.) MARIGOLD COMPANY Manufacturing Overhead Budget Quarter Year Direct labor hours Manufacturing overhead rate per direct labor hour
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