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Factory Overhead Cost Budget Sweet Tooth Candy Company budgeted the following costs for anticipated production for August: Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only fixed factory costs. Direct Materials Purchases Budget Tobin's Frozen Pizza Inc. has determined from its production budget the following There are three direct materials used in producing the two types of pizza. The quantities of direct materials expected to be used for each pizza are as follows: In addition, Tobin's has determined the following information about each material: Prepare November's direct materials purchases budget for Tobin's Frozen Pizza Inc. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Professional Fees Earned Budget for a Service Company Lundquist \& Fretwell, CPAs, offer three types of services to clients: auditing, tax, and small business accounting. Based on experience and projected growth, the following billable hours have been estimated for the year ending May 31, 20Y8: The average billing rate for staff is $140 per hour, and the average billing rate for partners is $450 per hour. Prepare a professional fees earned budget for Lundquist \& Fretwell, CPAs, for the year ending May 31, 20 Y8. Sales and Production Budgets Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, prepare (a) a sales budget and (b) a production budget: a. Prepare a sales budget. Feedback * Creok by wak Once sales quantities are estimated, the expected sales revenue can be determined. b. Prepare a production budget. For those boxes in which you must enter subtracted or negative numbers use a minus sign