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Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round variable cost per unit to 2 decimal places, e.g. 15.25.) Coronado Company is
Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round variable cost per unit to 2 decimal places, e.g. 15.25.) Coronado Company is preparing its manufacturing overhead budget for 2022. Relevant data are as follows: 1. Units to be produced (by quarters): 9,800,12,400,14,400,18,900 2. Direct labour: 1.6 hours per unit 3. Variable overhead costs per direct labour hour: indirect materials $0.70; indirect labour $1.20; and maintenance $0.50 4. Fixed overhead costs per quarter: supervisory salaries $35,100; depreciation $15,500; and maintenance $15, 000 Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round variable cost per unit to 2 decimal places, e.g. 15.25.) CORONADO COMPANY Manufacturing Overhead Budget For the Year Ending December 31, 2022 Quarter 2 3 4 Year
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