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Wik Wiki Company has determined that the variable overhead rate is $4.50 per direct labor hour in the Fabrication Department. The normal production capacily for
Wik Wiki Company has determined that the variable overhead rate is $4.50 per direct labor hour in the Fabrication Department. The normal production capacily for the Fabrication Department is 10,000 hours for the month. Fixed costs are budgeted at $60,000 for the month Required: A. Prepare a monthly factory overhead fexible budget for 9,000,10,000, and 11,000 hours of production B. How much overhead would be applied to production if 9,000 hours were used in the department during the month? A. Prepare a monthy factary overhead flexible budget for 9,000,10,000, and 11,000 hours of production B. How much overhead would be applied to production if 9,000 hours were used in the department during the month? If required, round your calculations to th decimal places and your final answer to the nearest dollar
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