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Question #1 Custom Wheels, Inc. is preparing its manufacturing overhead budget for 2019. Relevant data consist of the following. Units to be produced (by quarters):
Question #1 Custom Wheels, Inc. is preparing its manufacturing overhead budget for 2019. Relevant data consist of the following. Units to be produced (by quarters): 10,000, 12,000, 14,000, 16,000. Direct labor. Time is 1 hour per unit. Variable overhead costs per direct labor hour. Indirect materials S0.80; indirect labor $1.20; and maintenance $0.50. Fixed overhead costs per quarter: Supervisory salaries $42,000; depreciation $16,000; and maintenance $12,000. Required Prepare the manufacturing overhead budget for the year, showing quarterly data
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