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TI6-3 (similar to) Question Help Light Up Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for

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TI6-3 (similar to) Question Help Light Up Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2017. Machine setup-hours is the only driver of manufacturing overhead costs. Light Up has a set up capacity of 912 hours (Click the icon to view the information.) Calculate the manufacturing overhead costs budget (abel it Schedule 5) Schedule 5: Manufacturing Overhead Costs Budget for the Year Ending December 31, 2017 Machine Setup Overhead Costs Total manufacturing overhead costs Data Table 22,000 lamps 14,000 lamps 1. Quantity of lamps to be produced 2. Number of lamps to be produced per batch 250 lampsbatch5pbatch 3. Setup time per batch 4 hours/batch 5 hours/batch Variable cost = $85 per setup-hour Fixed cost $75,000 Print Done

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