Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The manufacturing overhead budget at Polich Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 7,700 direct labor-hours will be required
The manufacturing overhead budget at Polich Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 7,700 direct labor-hours will be required in February The variable overhead rate is $8.20 per direct labor-hour The company's budgeted fixed manufacturing overhead is $112.420 per month, which includes depreciation of $18,10. All other fixed manufacturing overhead costs represent current cash flows. The February cash disbursements for manufacturing overhead on the manufacturing overhead budget should be: Multiple Chaice $175,560 $94.310 $63,140 Help Save Exit Submit The Puyer Corporation makes and sells only one product called a Deb. The company is in the process of preparing its Selling and Administrative Expense Budget for next year. The folowing budget data are avaiable: preparing its Selling and Administrat Variable Monthly Cost Fixed Cost Per Deb Sold $1.07 $1.S7 Sales comissions Shipping Advertising Executive salaries Depreciation on offico equipment Other S51,700 0.37 $61,700 $21,700 $41,700 All of these expenses (except depreciation) are paid in cash in the month they are incurred If the company has budgeted to sell 16,700 Debs in February, then the total budgeted fixed selling and administrative expenses for February is Multiple Choice $135 100 $125,,00 $176,800 xt >
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