The

StenbackStenback

Company is in the process of preparing its manufacturing overhead budget for the upcoming year. Sales are projected to be

48 comma 00048,000

units. Information about the various manufacturing overhead costs follows:

LOADING...

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

Requirement

Prepare the manufacturing overhead budget for the

StenbackStenback

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 Stenback 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 Variable rate per unit Total fixed costs Indirect materials. . . . . . . . . . . . . . . . . . . . $0.90 Supplies. . . . . . . . . . . . . . . . . . . . . . . . . . . $0.70 Indirect labor. . . . . . . . . . . . . . . . . . . . . . . $0.40 $64,000 Plant utilities. . . . . . . . . . . . . . . . . . . . . . . . $0.10 $34,000 Repairs and maintenance. . . . . . . . . . . . . $0.50 $10,000 Depreciation on plant and equipment. . . . $45,000 Insurance on plant and equipment. . . . . . $20,000 Plant supervision. . . . . . . . . . . . . . . . . . . . $68,000 Prepare the manufacturing overhead budget for the StenbackStenback Company for the upcoming year.