The Anderson Company is in the process of preparing its manufacturing overhead budget for the upcoming year. Sales are projected to be 49,000 units. Information about the various manufacturing overhead costs follows:

(Click the icon to view the manufacturing overhead cost information.)

Variable rate per unit

Total fixed costs

Indirect materials. . . . . . . . . . . . . . . . . . .

$1.40

Supplies. . . . . . . . . . . . . . . . . . . . . . . . . . .

$0.90

Indirect labor. . . . . . . . . . . . . . . . . . . .

$0.40

$67,000

Plant utilities. . . . . . . . . . . . . . . . . . . . . . .

$0.10

$39,000

Repairs and maintenance. . . . . . . . . .

$0.60

$14,000

Depreciation on plant and equipment. .

$47,000

Insurance on plant and equipment. . . .

$20,000

Plant supervision. . . . . . . . . . . . . . . .

$60,000

Requirement

Prepare the manufacturing overhead budget for the Anderson Company for the upcoming year

Prepare the manufacturing overhead budget by first calculating the total variable manufacturing overhead, then calculate the total fixed manufacturing overhead and total manufacturing overhead.

The Anderson Company
Manufacturing Overhead Budget
For the Upcoming Year
Projected Sales (Units)
Variable manufacturing overhead costs:
Indirect materials
Supplies
Indirect labor
Plant utilities
Repairs and maintenance
Total variable manufacturing overhead

Fixed manufacturing overhead costs:
Indirect labor
Plant utilities
Repairs and maintenance
Depreciation on plant and equipment
Insurance on plant and equipment
Plant supervision
Total fixed manufacturing overhead
Total manufacturing overhead

The Anderson Company is in the process of preparing its manufacturing overhead budget for the upcoming year. Sales are projected to be 49,000 units. Information about the various manufacturing overhead costs follows: (Click the icon to view the manufacturing overhead cost information.) Requirement Prepare the manufacturing overhead budget for the Anderson Company for the upcoming year. Prepare the manufacturing overhead budget by first calculating the total variable manufacturing overhead, then calculate the total fixed manufacturing overhead and total manufacturing overhead. The Anderson Company Manufacturing Overhead Budget For the Upcoming Year Data Table Projected Sales (Units) Variable manufacturing overhead costs: Indirect materials Variable rate per unit Total fixed costs Indirect materials $ 1.40 Supplies Indirect labor $ 0.90 Supplies.. Indirect labor Plant utilities $ 0.40 $ 67,000 39,000 Repairs and maintenance Plant utilities. $ 0.10 $ 0.60 $ 14,000 Total variable manufacturing overhead Fixed manufacturing overhead costs: $ 47,000 Repairs and maintenance $ Depreciation on plant and equipment.. Insurance on plant and equipment .... Plant supervision $ 20,000 Plant utilities $ 60,000 Repairs and maintenance Print Done Enter any number in the edit fields and then continue to the next