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trying to fill blue boxes to get solution of $33466 Instruction: Buff Company expects variable overhead costs to flucturate with production volume according to the

trying to fill blue boxes to get solution of $33466

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Instruction: Buff Company expects variable overhead costs to flucturate with production volume according to the following rates: Indirect Material: $1.20 per direct labor hour Indirect Labor: $1.00 per direct labor hour Utilities: $0.40 per direct labor hour Maintenance: $0.30 per direct labor hour Buff Company also incurs fixed overhead cost. The amounts of fixed overhead are already provided in the budget below. Use the information to complete the Manufacturing Overhead Budget. Buff Company Manufacturing Overhead Budget For the year ending December 31, 2022 Quarter Quarter 1 Quarter 2 Quarter 3 Quarter 4 Year Variable Costs: Indirect Materials ( $1.2/hour) Indirect Labor ( $1/hour) Utilities ( $0.4/hour Maintenance ( $0.3/hour) Total Variable Costs SO Fixed Costs Supervisory Salaries $5.770 $5.770 $5,770 $5,770 $23,080 Depreciation $3,462 $3,462 $3,462 $3,462 $13,848 Property Taxes and Insurance $2,308 $2,308 $2,308 $2,308 $9,232 Maintenance $4,616 $4,616 $4,616 $4,616 $18,464 Total Fixed Costs $16,156 $16,156 $16,156 $16,156 $64,624 Total Manufacturing Overhead Direct Labor Hours 2.380 1.570 3.970 3.620 Predetermined MOH allocation rate* * This predetermined MOH rate is a traditional MOH rate - using the yearly amounts, compute the budgeted overhead rate per direct labor hour

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