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Splish Ltd. expects variable manufacturing overhead costs to be $ 19,100 in the first quarter of 2022, with $ 3,900 increments in each of the
Splish Ltd. expects variable manufacturing overhead costs to be $ 19,100 in the first quarter of 2022, with $ 3,900 increments in each of the remaining three quarters. It estimates fixed overhead costs to be $ 35,300 in each quarter. Prepare the manufacturing overhead budget by quarters for the year.
SPLISH LTD. Manufacturing Overhead Budget For the Year Ending December 31, 2022 | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Quarter | |||||||||||
1 | 2 | 3 | 4 | Year | |||||||
Variable costs | $ enter a dollar amount | $ enter a dollar amount | $ enter a dollar amount | $ enter a dollar amount | $ enter a dollar amount | ||||||
Fixed costs | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | ||||||
Total | $ enter a total amount | enter a total amount | $ enter a total amount | $ enter a total amount | $ enter a total amount |
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