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please show steps if possible! Direct labor hours Manufacturing overhead rate per direct labor hour Variable Costs Indirect Materials $ $ $ Indirect Labor Maintenance
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Direct labor hours Manufacturing overhead rate per direct labor hour Variable Costs Indirect Materials $ $ $ Indirect Labor Maintenance Total Variable Costs Fixed Costs Supervisory Salaries Depreciation Maintenance Total Fixed Costs Total Manufacturing Overhead $ $ $ Waterway Company is preparing its manufacturing overhead budget for 2022 . Relevant data consist of the following. Units to be produced (by quarters): 10,200,12,240,14,280,16,320. Direct labor: Time is 3.00 hours per unit. Variable overhead costs per direct labor hour: indirect materials $1.60; indirect labor $2.40; and maintenance $1.00. Fixed overhead costs per quarter: supervisory salaries $42,075; depreciation $15,300; and maintenance $12,240. Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round overhead rate to 2 decimal places, e.g. 1.25. List variable expenses before fixed expense.)Step by Step Solution
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