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My company is preparing its manufacturing overhead budget for 2011. Relevant data consists of the following: 1. Units to be produced (by quarters) - 10,000,
My company is preparing its manufacturing overhead budget for 2011. Relevant data consists of the following: 1. Units to be produced (by quarters) - 10,000, 12,000, 14,000, 16,000 2. Direct Labor - Time is 1.5 hours per unit 3. Variable overhead cost per direct labor hour - Indirect materials $0.70, indirect labor $1.20, Maintenance $0.50. 4. Fixed overhead costs per quarter - Supervisory Salaries $35,000, Depreciation $16,000, Maintenance $12,000. Please help me prepare the manufacturing overhead budget for the entire year, showing quarterly data
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