Try It 6 3 Jimenez 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 Jimenez has a setup capacity of 1,100 hours Knox Ayer 1 Quantity of lamps to be produced 20 000 lamps 10 000 lamps 2 Number of lamps to be produced 100 80 per batch lamps batch lamps batch 3 Setup time per batch 3 hours batch hours batch Variable cost $60 per setup hour Fixed cost $77,000 Calculate the manufacturing overhead costs budget (label it Schedule 5)

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Try It  6 3 Jimenez 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  Jimenez has a setup capacity of 1,100 hours  Knox Ayer 1  Quantity of lamps to be produced 20 000 lamps 10 000 lamps 2  Number of lamps to be produced 100 80 per batch lamps batch lamps batch 3  Setup time per batch 3 hours batch hours batch Variable cost   $60 per setup hour Fixed cost   $77,000 Calculate the manufacturing overhead costs budget (label it Schedule 5)

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Try It! 6.3 Jimenez Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2017.

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