Yosko Company expects to produce 2,000 units in January that will require 6,000 hours of direct labor and 2,260 units in February that will require 6,780 hours of direct labor. Yosko budgets S4 per unit for variable manufacturing overhead; $2,100 per month for depreciation, and $53,280 per month for other fixed manufacturing overhead costs. Prepare Yosko's manufacturing overhead budget for January and February, including the predetermined overhead allocation rate using direct labor hours as the allocation base. (Abbreviations used: VOH = variable manufacturing overhead; FOH = fixed manufacturing overhead.) Total 4,260 Yosko Company Manufacturing Overhead Budget Two Month Ended January 31 and February 28 January February Budgeted units to be produced 2,000 2,260 VOH cost per unit Budgeted VOH 8.000 $ 9,040 Budgeted FOH Depreciation 2,100 2,100 53,280 53,280 Other FOH costs Total budgeted FOH 55,380 55,380 63,380 $ 64,420 Budgeted manufacturing overhead costs $ 17,040 4.200 106,560 110,760 127,300 $ 6,000 6,780 Direct labor hours Budgeted manufacturing overhead costs 12,780 127,300 $ Predetermined overhead allocation rate Yasmin expects total sales of $362,000 in January and $392,000 in February. Assume that Yasmin's sales are collected as follows: (Click the icon to view the collections.) November sales totaled $250,000, and December sales were $280,000. Prepare a schedule of cash receipts from customers for January and February. Round answers to the nearest dollar. (If a box is not used in the table leave the box empty; do not enter a zero.) Cash Receipts from Customers January February Total sales January || February Cash Receipts from Customers: Nov.-Credit sales, collection of Nov. sales in Jan. Dec.Credit sales, collection of Dec. sales in Jan. Dec.Credit sales, collection of Dec. sales in Feb. Jan.Credit sales, collection of Jan. sales in Jan. Jan.Credit sales, collection of Jan. sales in Feb. Feb.Credit sales, collection of Feb. sales in Feb. Total cash receipts from customers Yosko Company expects to produce 2,000 units in January that will require 6,000 hours of direct labor and 2,260 units in February that will require 6,780 hours of direct labor. Yosko budgets S4 per unit for variable manufacturing overhead; $2,100 per month for depreciation, and $53,280 per month for other fixed manufacturing overhead costs. Prepare Yosko's manufacturing overhead budget for January and February, including the predetermined overhead allocation rate using direct labor hours as the allocation base. (Abbreviations used: VOH = variable manufacturing overhead; FOH = fixed manufacturing overhead.) Total 4,260 Yosko Company Manufacturing Overhead Budget Two Month Ended January 31 and February 28 January February Budgeted units to be produced 2,000 2,260 VOH cost per unit Budgeted VOH 8.000 $ 9,040 Budgeted FOH Depreciation 2,100 2,100 53,280 53,280 Other FOH costs Total budgeted FOH 55,380 55,380 63,380 $ 64,420 Budgeted manufacturing overhead costs $ 17,040 4.200 106,560 110,760 127,300 $ 6,000 6,780 Direct labor hours Budgeted manufacturing overhead costs 12,780 127,300 $ Predetermined overhead allocation rate Yasmin expects total sales of $362,000 in January and $392,000 in February. Assume that Yasmin's sales are collected as follows: (Click the icon to view the collections.) November sales totaled $250,000, and December sales were $280,000. Prepare a schedule of cash receipts from customers for January and February. Round answers to the nearest dollar. (If a box is not used in the table leave the box empty; do not enter a zero.) Cash Receipts from Customers January February Total sales January || February Cash Receipts from Customers: Nov.-Credit sales, collection of Nov. sales in Jan. Dec.Credit sales, collection of Dec. sales in Jan. Dec.Credit sales, collection of Dec. sales in Feb. Jan.Credit sales, collection of Jan. sales in Jan. Jan.Credit sales, collection of Jan. sales in Feb. Feb.Credit sales, collection of Feb. sales in Feb. Total cash receipts from customers
