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The budgeted variable manufacturing overhead rate for March 2 0 2 0 2 0 2 0 is $ 1 8 $ 1 8 per direct

The budgeted variable manufacturing overhead rate for March 20202020 is $ 18$18 per direct manufacturing labor-hour. The budgeted fixed manufacturing overhead for March 20202020 is $ 16 comma 480$16,480. Both variable and fixed manufacturing overhead costs are allocated to each unit of finished goods. The company sews the blankets from fabric and sews on a logo patch purchased from the licensed logo store site. The teams are as follows: times Broncos Broncos, with red blankets and the Broncos Broncos logo times Rams Rams, with black blankets and the Rams Rams logo Also, the black blankets are slightly larger than the red blankets. Budgeted sales for March 20202020 are 150150 units of the Broncos Broncos blankets and 200200 units of the Rams Rams blankets. The budgeted selling prices per unit in March 20202020 are $ 393$393 for the Broncos Broncos blankets and $ 474$474 for the Rams Rams blankets. Assume the following in your answer: times Work-in-process inventories are negligible and ignored. times Direct materials inventory and finished goods inventory are costed using the FIFO method. times Unit costs of direct materials purchased and finished goods are constant in March 20202020.

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