Question
The Human Resources Department has indicated that the Direct Labour Cost per hour is $7.50 and the Production Department has indicated that the # of
The Human Resources Department has indicated that the Direct Labour Cost per hour is $7.50 and the Production Department has indicated that the # of Direct Labour Hours per unit is 0.90.
- Please prepare the Direct Labour Budget:
| Direct Labour Budget | |||||
| For the Year Ended December 31, 2019 | |||||
| Q1 | Q2 | Q3 | Q4 | Year | |
| Required Production in cases |
|
|
|
|
|
| Total direct labour hours needed |
|
|
|
|
|
| Total direct labour cost |
|
|
|
|
|
Brookes Inc. has determined that the Variable Overhead Rate per Direct labour hour is $1.75 and the fixed manufacturing overhead is $6,200 per quarter and depreciation is $1,500.
- Please prepare the Manufacturing Overhead Budget
| Manufacturing Overhead Budget | |||||
| Q1 | Q2 | Q3 | Q4 | Year | |
| Budgeted direct labour hours |
|
|
|
|
|
| Variable overhead rate | $1.75 | $1.75 | $1.75 | $1.75 | $1.75 |
| Variable manufacturing overhead |
|
|
|
|
|
| Fixed manufacturing overhead |
|
|
|
|
|
| Total manufacturing overhead |
|
|
|
|
|
| Less: Depreciation |
|
|
|
|
|
| Cash disbursement for manufacturing overhead |
|
|
|
|
|
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Continuous Auditing A Complete Guide
Authors: Gerardus Blokdyk
2019th Edition
0655540318, 978-0655540311
