Compute the manufacturing overhead budge


Frizell Company is preparing its manufacturing overhead budget for 2011. Relevant data consist of the following.

  1. Units to be produced (by quarters): 11,000, 13,700, 15,600, 17,000.
  2. Direct labor: Time is 1.3 hours per unit.
  3. Variable overhead costs per direct labor hour: Indirect materials $0.50; indirect labor $1.60; and maintenance $0.50.
  4. Fixed overhead costs per quarter: Supervisory salaries $34,320; depreciation $15,350; and maintenance $11,890.

Complete the manufacturing overhead budget for the year, showing quarterly data. (Round overhead rate to 2 decimal places, e.g. 10.50. Round all other answers to 0 decimal places, e.g. 125.)

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Accounting Basics: Compute the manufacturing overhead budge
Reference No:- TGS0704146

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