The Donaldson Company is in the process of preparing its manufacturing overhead budget for the upcoming year. Sales are projected to be 45,000 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 Donaldson Company for the upcoming year. variable manufacturing overhead, then calculate the total fixed manufacturing overhead and total manufacturing overhead. Data table Nice Start Preschool operates a not-for-profit morning preschool that operates eight months of the year. The preschool has 175 kids enrolled in its various programs. The preschool's primary expense is payroll. Teachers are paid a flat salary each of the eight months as follows: (Click the icon to view salary data.) (1) (Click the icon to view additional information.) Requirements 1.Prepare Nice Start Preschool's monthly operating budget. Round all amounts to the nearest dollar. 2.Using your answer from Requirement 1, create Nice Start Preschool's budgeted income statement for the entire eight-month school year. You may group all operating expenses together. 3. Nice Start Preschool is a not-for-profit preschool. What might the preschool do with its projected income for the year? Requirement 1. Prepare Nice Start Preschool's monthly operating budget. Round all amounts to the nearest dollar. (Round amounts to the nearest dollar.) Salary data More info In addition to the salary expense, the preschool must pay federal payroll taxes (FICA taxes) in the amount of 7.65% of salary expense. The preschool leases its facilities from a local church, paying $4,090 every month it operates. Fixed operating expenses (telephone, internet access, bookkeeping services, and so forth) amount to $940 per month over the eight-month school year. Variable monthly expenses (over the eight-month school year) for art supplies and other miscellaneous supplies are $6 per child. Revenue for the entire More info local church, paying $4,090 every month it operates. Fixed operating expenses (telephone, internet access, bookkeeping services, and so forth) amount to $940 per month over the eight-month school year. Variable monthly expenses (over the eight-month school year) for art supplies and other miscellaneous supplies are $6 per child. Revenue for the entire eight-month school year from tuition, registration fees, and the lunch program is projected to be $230,600. The Donaldson Company is in the process of preparing its manufacturing overhead budget for the upcoming year. Sales are projected to be 45,000 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 Donaldson Company for the upcoming year. variable manufacturing overhead, then calculate the total fixed manufacturing overhead and total manufacturing overhead. Data table Nice Start Preschool operates a not-for-profit morning preschool that operates eight months of the year. The preschool has 175 kids enrolled in its various programs. The preschool's primary expense is payroll. Teachers are paid a flat salary each of the eight months as follows: (Click the icon to view salary data.) (1) (Click the icon to view additional information.) Requirements 1.Prepare Nice Start Preschool's monthly operating budget. Round all amounts to the nearest dollar. 2.Using your answer from Requirement 1, create Nice Start Preschool's budgeted income statement for the entire eight-month school year. You may group all operating expenses together. 3. Nice Start Preschool is a not-for-profit preschool. What might the preschool do with its projected income for the year? Requirement 1. Prepare Nice Start Preschool's monthly operating budget. Round all amounts to the nearest dollar. (Round amounts to the nearest dollar.) Salary data More info In addition to the salary expense, the preschool must pay federal payroll taxes (FICA taxes) in the amount of 7.65% of salary expense. The preschool leases its facilities from a local church, paying $4,090 every month it operates. Fixed operating expenses (telephone, internet access, bookkeeping services, and so forth) amount to $940 per month over the eight-month school year. Variable monthly expenses (over the eight-month school year) for art supplies and other miscellaneous supplies are $6 per child. Revenue for the entire More info local church, paying $4,090 every month it operates. Fixed operating expenses (telephone, internet access, bookkeeping services, and so forth) amount to $940 per month over the eight-month school year. Variable monthly expenses (over the eight-month school year) for art supplies and other miscellaneous supplies are $6 per child. Revenue for the entire eight-month school year from tuition, registration fees, and the lunch program is projected to be $230,600
