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Movers Company manufactures sneakers. Production of their new sneaker for the coming three months is budgeted as follows: August 50,000 September 62,000 October 48,000 Each

Movers Company manufactures sneakers. Production of their new sneaker for the coming three months is budgeted as follows:

August 50,000

September 62,000

October 48,000

Each sneaker requires 2.5 hours of direct labor time. Direct labor wages average $16 per hour. Monthly variable overhead averages $10 per direct labor hour plus fixed overhead of $400,000. What is the total overhead budgeted for the month of September?

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